Is the decline in sp due to annual and quarterly report due 31 October??
Is the market reflecting little confident in the business
It is so interest to watch that no other news have been announced since ama sp rushed to 25c and now it looks like it will drop back to 18c or lower
the increase to 25c must have been from major players buying a major holding into ama.
I cannot see any real improvement in the business for sp to increase, unless the numbers at 31 october shows a profit
i can be wrong - ama may have turned the corner - with improved revenue, reduce overhead costs and larger margin.
hope they have hired more skilled staff and improved their supply chain issues - then i can see sp increase.
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