Reassuring to see IFL increasing their holding in ASL by more...

Reassuring to see IFL increasing their holding in ASL by more than 20 mil shares in the past 3 months. I too am considering an increase to my holdings. Positive reasons for this: Barminco very good quarterly results; Merger settling in smoothly & more economies expected; major contracts renewed and some new ones as well; pipeline also looking bright for new contracts.

IMO, I think IFL has looked at the above factors and when coupled with the fact that the ASL s/p was well over $2.50 within the last 12 months and with earnings well on the uptick, it must be time to acknowledge/assess the bottom of the cycle and board again. DYOR but a goer---again IMO ! Cheers.