I have managed to wangle and fandangle my way back in to AIS at an average of 11c myself, after a lot of stop lossing entry and exits, not exactly in love with this management team (hence the small amount invested so far), but a good metals price recovery story and I'm in below W H Soul Patts average so bit of a binary outcome now from here. Either AIS can't turn all the operations around and its administration time soon, or some metals price tailwinds and/or management somehow miraculously pulls off some cost-cutting/inflationary forces and an operational turnaround.
The market will take a lot of convincing, and the terrible consolidation and vast number of shareholders well and truly underwater will weigh down the SP for a while so not expecting this to be quick. Could be worse though - they could be an underground WA Ni sulfide miner.....
AIS - General Discussion, page-97
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Last
18.0¢ |
Change
0.015(9.09%) |
Mkt cap ! $174.1M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 16.5¢ | $336.0K | 1.962M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9500 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 507233 | 12 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| AIS (ASX) Chart |