AMA 6.78% 6.3¢ ama group limited

Ann: Completion of Placement and Institutional Entitlement Offer, page-27

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  1. 6 Posts.
    AMA's much less likely to go broke after the CR...I imagine the share price was factoring in this risk prior to the CR and hence why it's held up well.

    I personally can't see the long-term value in AMA. Clearly performance has improved over the past 12 months, but the fact that they are guiding EBITDA to reduce at Capital Smart due to the completion of the FY24 transitional support worries me. Their biggest issue (which clearly isn't going away) is that they're so heavily reliant on Suncorp and there is no sign that the balance in that relationship is shifting...

    https://hotcopper.com.au/data/attachments/6348/6348493-d5fa39becee52e786ef7c8088f07de13.jpg


    Note: This was meant to be a reply to https://hotcopper.com.au/posts/74873028/single
    Last edited by traderzoom: 31/07/24
 
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Last
6.3¢
Change
0.004(6.78%)
Mkt cap ! $301.3M
Open High Low Value Volume
6.0¢ 6.3¢ 6.0¢ $221.1K 3.619M

Buyers (Bids)

No. Vol. Price($)
1 16393 6.2¢
 

Sellers (Offers)

Price($) Vol. No.
6.3¢ 397160 5
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AMA (ASX) Chart
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