AME 3.23% 6.4¢ alto metals limited

Ann: Trading Halt, page-18

  1. 1,270 Posts.
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    In the context of choosing between continuing doing the same thing we have done for 4 years, or performing a paradigm changing deal such as this, Yes on the face of it , it is a good deal .

    it is very unfortunate that the market continued to depress the value of the company as more and more gold was found . Which is why you have to do deals like this .

    Am I excited /optimistic about this deal being highly profitable ? - No, as long term holders are significantly underwater.

    Am I relieved it gets our share price back to circa 6 Cents when really it should be even higher - absolutely I am relieved .

    hopefully the combination of the companies results in a performance like RMS had over the past year or so, post Musgrave acquisition
    Last edited by Snakedance: 02/08/24
 
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