AMX aerometrex limited

re: Ann: AMPELLA PRESENTATION AT MINES AND MO... LightForce,As...

  1. 1,042 Posts.
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    re: Ann: AMPELLA PRESENTATION AT MINES AND MO... LightForce,

    As recently as 9th March, I sold some that day at $1.29, had been nearer to $1.40 during February this year. How quickly things change!.They had been MUCH HIGHER during the past year. The sharp drop took place at the time they missed the deadline with their half yearly report which is now due before the end of the month.

    The $61 million they have in cash (assuming without the SPP funds) is possibly the reason they have not been pushing out the news to encourage shareholders to take up their SPP entitlements.

    The presentation was informative, lets hope the half yearly report is as well put together.
 
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