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AMA overview in my opinion, page-18

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Dom2007

520 Posts.

67

27/09/23

10:09

Post #: 70046708
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Originally posted by capitulation: ↑

What’s the risk of the underwriter terminating the agreement to provide the cash on the basis that the share price has dropped ? The underwriting terms are in the capital raise docs. Then if that occurs, AMA doesn’t have the funds to repay its debt which is required to avoid bankruptcy. So then another emergency capital
raising is required that is at 3 cents or less with massive dilution. Thoughts ? Ie underwriter would lose 50% of
their $50m based on current share price. I wonder if this risk is why the institutions are selling ? Thanks

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Thanks mate. I reviewed the underwriting terms, I don't think underwriter can terminate this agreement. I don't know the reason why Australian Super sold out its share at AMA. Does anyone know it?

AMA Price at posting: 3.8¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 4.3¢		Change 0.004(8.97%)		Mkt cap ! $76.77M

Open	High	Low	Value	Volume
3.8¢	4.6¢	3.8¢	$277.3K	6.496M

Buyers (Bids)

No.	Vol.	Price($)
4	396902	4.2¢

Sellers (Offers)

Price($)	Vol.	No.
4.3¢	342011	5

View Market Depth

No.	Vol.	Price($)
4	396902	0.042
3	355000	0.041
4	350000	0.040
5	260259	0.039
12	1593157	0.038

Price($)	Vol.	No.
0.043	342011	5
0.045	666246	2
0.046	111005	3
0.047	100000	1
0.048	20000	1

Last trade - 15.16pm 19/06/2024 (20 minute delay)

AMA (ASX) Chart

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