Thanks for responding and I share the same sentiments and numbers. I think for something capped at $321m with $106m cash and a $215m EV with one operating mill and one on C&M we are still cheap given whats imminent. I also have Dargues as a catalyst in my mind because we’ve either got cost savings coming due to relocation of critical equipment or just a straight up fire sale which should bolster the coffers from July onwards.
The prices you mention is possible all without any real institutional ownership. I think we just under the radar at the moment.
AMI Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
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