Holding AMI shares now makes no difference if you bought them at 90 cents or 7.5 cents the Market doesn't care. The current price is 18 cents you hold if you believe the intrinsic value now is way undervalued which I strongly believe. You sell AMI now when you find a better undervalued stock that offers a better long or short term return. I can't see any myself and even if AMI reaches 30 cents I still concider AMI a good hold. Mr Market judge's AMI at 18 cents at this moment in time. It is up to us investors to judge if they are correct. A good investor looks at where the Company will be at in the future then buys or sells that share from the current price. Not from the price you acquired your original share. I started buying AMI at 40 cents got few at 50 cents and loaded up as they dropped to 8 cents. All those who bought from 8 to 10 cents are ecstatic and celebrating. While investors like myself have had the opportunity to average down but will have to be patient before we even break even. But accumulating more shares at lower prices gives you higher returns per .05 cent if the AMI share price rises. CHEERS
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Last
31.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $524.6M |
Open | High | Low | Value | Volume |
31.0¢ | 31.5¢ | 29.5¢ | $1.923M | 6.298M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 13590 | 30.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.0¢ | 237863 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 13590 | 0.305 |
7 | 189766 | 0.300 |
10 | 405062 | 0.295 |
10 | 241611 | 0.290 |
4 | 136899 | 0.285 |
Price($) | Vol. | No. |
---|---|---|
0.310 | 237863 | 4 |
0.315 | 302503 | 5 |
0.320 | 433597 | 7 |
0.325 | 203769 | 5 |
0.330 | 277000 | 3 |
Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
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RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
SPONSORED BY The Market Online