Not withstanding the recent liquidity problems I tend to think AYN is oversold. AYN isn't unique amongst the PM resource stocks. All to some extent or other are struggling with PM prices, negative sentiment and a powerful attempt to keep PM's surpressed.
Compared to the S&P/ASX All Ordinaries Gold Index (XGD)AYN has diverged considerably and appears substantially oversold. The SP would have to be extremely good value.