AMM 0.00% 0.9¢ armada metals limited

Hey Mike, you seem to be spruiking the stock up a bit with all...

  1. 7,877 Posts.
    lightbulb Created with Sketch. 481
    Hey Mike, you seem to be spruiking the stock up a bit with all these posts lol

    Personally, i dont think its worth over analysing unless your trying to convice yourself it was a good buy?

    SP will probably oscillate between 30c and 35 c for a few months until we hear new developments or we are closer to the next half year results. Until then the company is well placed though at current mkt cap won't run away in a hurry (to say 40cents).

    Apply an EBITDA multiple of 6 times to FY11 , add the investment value of IIN (less 10% discount) and any net cash/debt, and that will provide a quick and reasonable value of AMM.

    If your intent on doing more research, when will AMM be moving up in the S&P indices?
 
watchlist Created with Sketch. Add AMM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.