I don't think it's logical considering their background. Surely, they can grab a rebel settlement or two, but the kind of extensive northern campaign for north-eastern Black Sea towns is not something Hayasdan should be interested in. As for the war against the AS, the success of it depends not only on Hayasdan. And the same can be said also about Pontos and Pahlava. If the Ptolies are successful in their campaign and those small factions make even minimal advances, then some of them have a good chance of building a nice empire. If the Ptolies are pushed back and AS can relocate some troops, not many of them will survive that war.
In my current Romani campaign Pahlava were pushed back, Pontos lost Ankyra to AS just after taking it. The Ptolies lost Alexandria. AS were ready to swallow any opposition, but the entrance of Saba and my monetary help to Pahlava changed the direction of the war (at least it seems that way now). AS are being attacked in Asia Minor by Pontos, KH and the Ptolies from their last city in the region. The Ptolies have regained Alexandria and Syria was cut off from core AS lands by Saba. At the same time, Pahlava survived initial onslaught and are starting to gain territory. Now the prospects of Pontos and Pahlava look much better, and the reason - Ptolemaic success in Egypt and surprising Saba attack on Antioch. It proves that the secret of defeating AS for small AI factions is in the successful collective efforts and, most important - strong Ptolemaic pressure from the South.
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