Brokers and analysts seem abouf 6 months behind Hotcopper on this one. But nice to have our convictions vindicated by the wider community.
Totally agree with the overhang issue being the reason for the stagnant price. But its making for a very solid support at 15.5c. Notably most of the later (July /Aug) opions are owned by directors so will be interesting to see if they add to the overhang. I think not.
Makes you wonder why RFE holders who are essentially long on the ML dont switch to AOK. Even at this late stage they seem more likely to get (some of) their money back by switching rather than waiting for RFE to turn around. The message seems to be coming from multiple sources for those open enough to listen. Of course this is downramping if mentioned on the RFE forum.
AOK Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held