I agree with all your comments.
I have been a long term holder of ARW & AMU. (Overexposed)
ARW has been a drag on AMU.
In some defence of ARW they have change MD to a proactive John Lillywhite.
With the Fed Government changes Must sell Biodiesal through the majors WITH NO GOVERNMENT INSENTIVE.
Production & Quality problems resolved. Selling to Caltex.
Currently App 35% of capacity sold, and hopefully an announcement on sales to Mobil & Shell soon.
“Renewable Fuels” will be an election issue hopefully carbon credits ARW and the Bio Fuels industry Lobbing Fed & State Gov’s. Refer 7.30 report.
I see AMU & ARW venerable but with fantastic upside but both need a few major runs on the board. (AMU management make it happen)
My opinions only.
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