The absence of M&A by A1M is due to several factors:
* The A1M share price is low so its paper is unattractive
* A1M's cash is juuuuuuust enough to fund existing development plans
* AC & team do not want to dilute their equity interests, well aligned to holders best interests
* All Cu projects and mines out there have put a pretty price on themselves
While a rising Cu price advantages A1M, it also does the same for all M&A candidates.
The PoC has ticked up in the last few days to $US4.42lb. Long may this new trend continue.
Ash
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
35.5¢ |
Change
0.010(2.90%) |
Mkt cap ! $201.4M | |||
| Open | High | Low | Value | Volume |
| 34.5¢ | 35.5¢ | 34.0¢ | $416.1K | 1.198M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 131156 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 10070 | 2 |
View Market Depth
| Last trade - 12.57pm 17/06/2025 (20 minute delay) ? |
| A1M (ASX) Chart |