Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Dear James,
Would you mind commenting on AHX in terms of investment opportunity in view of this acquisition? I am currently holding some AHX at a small profit. Do you think it is worthwhile to increase my holding?
Thanks and regards Gregory
Hi Gregory,
Just to reiterate MM doesn’t offer Personal Advice hence I’m just commenting on AHX right here, right now! This $132m veterinary stock has struggled since 2016 but we feel like it’s found a good base and the risk / reward looks attractive in the mid-80c region plus an anticipated 2.5% fully franked yield is an added bonus.
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