The absence of M&A by A1M is due to several factors:
* The A1M share price is low so its paper is unattractive
* A1M's cash is juuuuuuust enough to fund existing development plans
* AC & team do not want to dilute their equity interests, well aligned to holders best interests
* All Cu projects and mines out there have put a pretty price on themselves
While a rising Cu price advantages A1M, it also does the same for all M&A candidates.
The PoC has ticked up in the last few days to $US4.42lb. Long may this new trend continue.
Ash
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Last
34.5¢ |
Change
0.015(4.55%) |
Mkt cap ! $198.6M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 34.5¢ | 33.5¢ | $404.8K | 1.189M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 175200 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 186758 | 5 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| A1M (ASX) Chart |