AMO 0.00% 17.0¢ ambertech limited

Talking AMO share price, page-21

  1. 1,057 Posts.
    lightbulb Created with Sketch. 1116
    The volumes have been tiny lately, only 10 shares total traded today so far. Should be interesting when the FY reporting hits in a month or two, we're a bit overdue for an update. In such an illiquid stock it'll be important to have some good fundamentals underpinning the share price, because one big buyer or seller can really move the needle. Seller queue looks thin for now, but it can change.

    On the FY results, all they said in the HY report was: "Whilst it is too early to provide guidance for the full year results, the second half has commenced with results meeting targets. We will keep shareholders updated as the year progresses"

    If we can maintain a 3c FY divvy at a 50-60% payout ratio then that's a really good result. It's not a stock that's on many (any?) radars, so all we can do is just eat the juicy divvy every year and wait for people to catch on, really.


 
watchlist Created with Sketch. Add AMO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.