I have been going through my portfolio this morning - lots of time on my hands - and in terms of a recovery stock, AQL does seem so cheap and the low price reflects the disproportionate lack of confidence both with the MMs and the shareholding public. A lot of it is also down to the huge spread, something that may not be so noticeable hopefully with the re-pricing strategy of the management.
OK this may turn out to be one of those big mistakes I make every now and again but equally it has all the makings of a quick riser. Confidence or the lack of it can change dramatically with just one announcement. I have re-checked the pros and cons of a company that really has realistic potential to turn itself around in double quick time.
I hope that I am not ramping this share - obviously DYOR - but I am amazed at the reactionary stance taken by a number of contributors to this forum. In fact since the announcement of the loss of a major client, all the news has been solid and positive and the company seems to have pruned itself back to a number of profitable constituent parts with huge potential for growth.