back with a chance

This looks highly positive to me. There is a clear willingness on the part of the new Board to pull this out of financial strife and get back to making money for the shareholders, of which they and the main companies in the group are now significant shareholders. Westpac has done the right thing, the constituent businesses are themselves making money and they also have a vested interest in ensuring that AMA performs. I'm buying solidly this morning and averaging down. If they reinstitute the div, that will be a bonus but I suspect that first we are going to wait and see what happens at the EGM. Once the resolutions are passed, and I have no doubt at all that they will be, things will be well on the way to reversing the damage done by the previous Board. Go AMA!