AOS has recently re-listed on the ASX after for some time. Big hopes for this one in 2008. Im merely posting this to remind myself that I just got in on AOS at 3.1c
Happy to hear from anyone else who is following AOS
These guys have just done a reverse takeover deal with an international scaffolding company.
The company is IFS and they started in january 2008. IFS was set up by the original founders of a company called PCH scaffolding that was taken over for $250Mill in 2007.
These guys have now started up IFS in direct competition to PCH and apparently are winning a lot of business in Aust and Asia. Looking at second year earning in the vicinity of 8 to 10 mil.
Anyway the takeover price of AOS is 1.43cents. Currently trading at .6c so a 130% profit when the deal goes through. NOT BAD.
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