"3? Now I frankly don't ever expect to see that level again. AMX was way overpriced in that territory. In fact, one wonders how on Earth it managed to climb that high."
My comments:
$3.00 equals a market cap of about $650 million.
AMX's in ground gold resources are worth about $5 billion and these resources will be increasing due to the huge amount of drilling results coming in, future drilling and prospectivity.
Now also consider the affect of a higher gold price. US$2000. US$2500 etc. etc.
Enough said,
"3? Now I frankly don't ever expect to see that level again. AMX...
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 (20min delay)
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Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $20.42M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 21.5¢ | $18.66K | 85.41K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4599 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 23683 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| AMX (ASX) Chart |