AMX 1.52% 32.5¢ aerometrex limited

Should be an interesting year indeed , and perhaps Gunga will...

  1. 1,890 Posts.
    Should be an interesting year indeed , and perhaps Gunga will get his 300-400% rise ! ...

    I think the stock is easily carrying an 80% discount based on misconceptions and speculation that the PFS numbers are going to show something nasty. Market cap is about half that of its closest peer GRY, so if AMX can release a robust PFS , we should see a substantial rerating as the discount is removed from the markets thinking and more value investors move into the stock (replacing weaker shareholders with short term horizons)

    Time will tell , but I think we saw the worst of it in 2012.

    We're finally back above that 2 year downtrend line. Momentum has paused in the last few sessions, and is once again waiting for a catalyst to push higher. News, POG or perhaps another large buyer will make a move .


    Selling looks weak at the moment, probably algo generated. Won't take much to push this higher if the right tailwinds arrive.
 
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Last
32.5¢
Change
-0.005(1.52%)
Mkt cap ! $30.87M
Open High Low Value Volume
32.5¢ 33.0¢ 32.5¢ $5.223K 16.02K

Buyers (Bids)

No. Vol. Price($)
1 31187 32.0¢
 

Sellers (Offers)

Price($) Vol. No.
33.0¢ 49 1
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Last trade - 15.11pm 06/09/2024 (20 minute delay) ?
AMX (ASX) Chart
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