The buy back has basically run its course so limited support on the buy side moving forward from that as I can't see it going past the end of the week.
No idea who the UK based asset manager who has taken a substantial stake and increased it 2% the couple weeks. That can't continue so once again buy side seems week.
The only catalyst I see near term is SCA wanting to take it out as they already own most of the company. Aside from that all red flags unless the asset manager sees something we don't.. who buys when the CEO sells 50% of his stake and CFO resigns post a downgrade and tough trading conditions. I'm blind as I just don't see it
AHY Price at posting:
$1.60 Sentiment: Sell Disclosure: Not Held