Dis, AOK looks overvalued because poo is low.With it's oil reserves, it will be worth a lot when poo goes up again. IOOF has become a substantial holder of the company recently. It is a value fund manager and does have a contrarian approach. I agreed with them on their approach. On that basis how can you say that the share is overvalue. I am starting to get into AOK again and to me, the share is good value here.
AOK Price at posting:
12.0¢ Sentiment: None Disclosure: Not Held
