AMO 0.00% 16.0¢ ambertech limited

Ann: Ambertech Limited supply to Vic Police , page-6

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,543 Posts.
    lightbulb Created with Sketch. 5
    Thanks for the generous update. Much appreciated!

    Yes, there is clearly someone selling out which would put buyers off - just sit on the sideline and wait unless wanting a big parcel. I bought in before realising this.

    Difficulty is that the long term story is not exciting - distribution is notoriously hard yakker and, if you find a product worth distributing, either larger retailers move in with an alternative or the manufacturer decides to distribute direct. So they need to demonstrate that they have developed a niche of some kind and can successfully defend/grow it.

    The half year result and likely dividend seem very attractive still, so hope that will be enough to attract some larger buyers, or at least put a floor under the price.
 
watchlist Created with Sketch. Add AMO (ASX) to my watchlist
(20min delay)
Last
16.0¢
Change
0.000(0.00%)
Mkt cap ! $15.26M
Open High Low Value Volume
16.0¢ 16.0¢ 16.0¢ $3.388K 21.17K

Buyers (Bids)

No. Vol. Price($)
5 21222 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 144215 1
View Market Depth
Last trade - 13.32pm 15/11/2024 (20 minute delay) ?
AMO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.