A couple of points based on the below chart comparing the...

  1. 209 Posts.
    lightbulb Created with Sketch. 25
    A couple of points based on the below chart comparing the performance of AAM vs Gold.

    -Unfortunately for us, we're not invested in gold.
    We're invested in this leadership team's vision and strategy.
    We used to have gold... ~600k oz... but we walked away from it because it wasn't a good enough start apparently.

    -The below chart is by 6 month candles.
    Ian and his team captained the ship for 5 years (10 blocks from 2017-2021) until he left for whatever reason.
    Sam has now been captain for 3 years (6 blocks from 2022-2024).
    I fear that if we don't score some results by the end of this year, then the leadership team might really be feeling the heat from all these new investors brought in.

    Refer Resolution 12 from the "30 Apr 2024Notice of Annual General Meeting/Proxy Form" announcement.
    I feel with such garbage shareholder returns/share price performance, that if we don't find success this year then the pressure/heat will be focused on the leadership in 2026.

    An extract from the announcement:
    https://hotcopper.com.au/data/attachments/6670/6670368-b171e287298a10c5a7100e50b9c3f127.jpg


    https://hotcopper.com.au/data/attachments/6670/6670384-8b0ae1e18cb1fa9d9776c4d1e3811b91.jpg

    Best of luck punters.
    2025 is our last hope imo.

    Last edited by Diddler: 12/12/24
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
3.0¢
Change
0.001(1.72%)
Mkt cap ! $17.82M
Open High Low Value Volume
2.9¢ 3.0¢ 2.9¢ $3.85K 130.6K

Buyers (Bids)

No. Vol. Price($)
2 70396 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 60000 1
View Market Depth
Last trade - 15.42pm 25/06/2025 (20 minute delay) ?
AAM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.