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Ann: Chief Financial Officer Resignation, page-26

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10/05/24

12:34

Post #: 73762468
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Originally posted by Chevelle67: ↑

no cap raise. they don't have the major shareholders to back stop it anymore. Simon Moore is gone, AusSuper is out. Can't do a cap raise unless you have committed shareholders willing to put up more money. That option no longer exists.

What the press speculates about is more likely, which is private debt with equity warrants, which is a terrrible deal for this company at this stage of the economic cycle. If the re-pricing of CapitalSmart is again so meager for the year beginning July 1st that AMA has to settle for some distressed debt + warrants refi, then the entire board should again be replaced with people who will finally stand up to Suncorp.

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It's not hard to get a cap raise away. If DUB can get one done anyone can. To be quite honest, everything aside about refinancing, the stock doesn't scream massively mispriced to me. As I've said for a while now, it seems to be trading where it should.

AMA Price at posting: 4.8¢ Sentiment: None Disclosure: Not Held
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Last 6.0¢		Change 0.001(1.69%)		Mkt cap ! $286.9M

Open	High	Low	Value	Volume
6.0¢	6.1¢	5.9¢	$172.6K	2.867M

Buyers (Bids)

No.	Vol.	Price($)
6	425555	5.9¢

Sellers (Offers)

Price($)	Vol.	No.
6.1¢	344494	5

View Market Depth

No.	Vol.	Price($)
6	425555	0.059
5	806675	0.058
9	1065617	0.057
3	80714	0.056
4	802727	0.055

Price($)	Vol.	No.
0.061	344494	5
0.062	166666	2
0.063	245613	4
0.064	148473	3
0.065	21000	2

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