Yeah GPAS, who knows how this is going to play out, there are just too many variables.
Why did they not wait until after the court case?
If they win, their stock will catch a bid, and if gold is also up, and the Aussie dollar is down, then AMX shareholders could be in for a triple win on all fronts.
If they lose then run for the hills.
My understanding is that no-one will win this time, because either party can appeal again, which could drag on for years.
As I speak, Centamin's share price is up 4% to go with yesterday's rise and is now 50 pence, up to nearly the equivalent of 18.5c AMX.
No wonder they are trying to clean up everything at 15c. I wonder who is still selling them those 15c shares?
Gw
AMX Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held
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