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I think AAX has strong potential. My charts suggest it has been heavily oversold, even BEFORE yesterday's big red day. It will win contracts and it's profits will be improved on jobs won dur to lower employment costs njow flowing through.
It is a powerful company with bright prospects - BUT, it isn't going back to the heady days for some time. The market can't allow that. Too much profit build up too soon just creates a bigger rebound when the market pulls back. It's the same for most shares, and especially for anything with some speculation in it.
Buy the dips and hold for mid-long term for very good returns here.