I agree with you everyone is looking for a turn around stock and the insto's appear to be putting a lot of pressure on price. Soon there will be the results DPS cut and most probably a poor guidance for next year. Another round of share price drop.
In the meanwhile there may be a dead bounce until the actual results are published. For a real improvement need to replace the management team including some board members, obviously clever people but not smart for the modern economy and the new channels of retailing being developed. You can buy tissue products online , as easy as poping into a store.
Management needs to adapt, to the new reality.
By the way a 4 or 5 dps at current prices not bad at all.
AHY Price at posting:
78.0¢ Sentiment: None Disclosure: Held
