This company is a good thing.
Do they have debt? Yes of course but they have the debt is structured cleverly and it does not put the company under any sort of short term pressure. I mean seriously, the company has ~24m at bank when you include what they received in October for what they sold in the previous quarter. They have good backers, they haven't issued stock when under pressure, they stared Glencore down...i like these guys, I suppose they could pay themselves a little less or take some of that money and show us that they have faith by purchasing some AMI stock on market...that would make me feel even better about them
The resource is fine and the exploration results are always good which translates into a longer mine life. Based on current data, AMI is a great long term hold
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Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $296.0M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.5¢ | 16.5¢ | $796.5K | 4.693M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 951177 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 127016 | 3 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| AMI (ASX) Chart |