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Just before publication last month, AOT announced a profits warning (see Vol 18, No 1) and its shares crashed, although not as much as might have been expected. The shares started this period at [pounds sterling]0.35 and hovered around that level until rising sharply to [pounds sterling]0.42 (+ 18%) a third of the way through February where it has remained. There was no specific reason for the rally and the expected announcement on how the company intended to restore share value has not yet not materialised. Trading in the shares has been fairly light and AOT's market capitalisation, …