Wow ,sure is !
A few more for me at 30.5
Absolutely loving getting almost 3 shares on the dollar.
On another note:
Aussie reserve bank dropped the cash rate to same level as GFC today. Reflective of sentiment / confidence in economic conditions. Also reflective in sentiment towards risk assets.
This is GFC style sentiment all over again for gold stocks too by the looks and worse for AMX given they may have a forced seller in the mix. Will get punished more than most.
Just like the last GFC , sentiment drove the price down not fundementals.
Last GFC , amx had no maiden jorc, very little cash.
Given they now have a 3.1mill/oz resource and $30million cash, a bottom just can't be too far away.
Around 30c looks about an absolute bottom in my mind , perhaps a toe dip down to 28c ??
Doesn't matter in the end . Any buys down here will be winners in due coarse imo
drilling results, page-24
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Last
33.0¢ |
Change
-0.010(2.94%) |
Mkt cap ! $31.34M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.0¢ | 32.5¢ | $9.946K | 29.90K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9000 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 16908 | 1 |
View Market Depth
| Last trade - 15.01pm 05/09/2024 (20 minute delay) ? |
| AMX (ASX) Chart |