target price

With Canaccord having put a target price of 44c on AMA and made it a buy recommendation, no wonder the share price is rising again. A record 42c today and a close at 40c is highly positive for the company.

Shareholders are looking forward to the interim report later this month. It would be nice if the company could post an interim div as that would reassure those who have been buying in lately in the 30c range. However, it would be understandable if the company is unable to do this at present because of the bank caveats.