Well Graham , AMX has shown the ability to gain 20%+ in 24-48hours on two occasions just recently. Volume on up days is far larger and the moves are more pronounced than on down days.
= Share register is getting much tighter.
So what would it do with a few months of kicking some goals and a bullish POG ?
Currently, you have a company worth $9/oz that has the potential to sell gold for a profit of say $400-500+/oz one day. So we are no where near true intrinsic value.
Production of 150k/oz a year x $9/oz (current valuation) = $1.35million
Production of 150k/oz a year x $400/oz (profit) = $60million.
(I know , this is a rough calculation of value but highlights an interesting valuation gap imo )
Current market cap is less than one years profit potential.
- Forums
- ASX - By Stock
- AMX
- will history repeat?
will history repeat?, page-3
Featured News
Add AMX (ASX) to my watchlist
(20min delay)
|
|||||
Last
30.0¢ |
Change
-0.010(3.23%) |
Mkt cap ! $28.49M |
Open | High | Low | Value | Volume |
31.0¢ | 31.0¢ | 29.0¢ | $23.55K | 77.77K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 21040 | 29.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 153 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 21040 | 0.290 |
1 | 3703 | 0.270 |
1 | 3770 | 0.265 |
1 | 26846 | 0.255 |
1 | 1200 | 0.250 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 153 | 1 |
0.305 | 5145 | 1 |
0.310 | 60626 | 2 |
0.315 | 4906 | 1 |
0.340 | 16908 | 1 |
Last trade - 15.14pm 13/09/2024 (20 minute delay) ? |
Featured News
AMX (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online