Here is a suggestion for Management which would benefit all shareholders including themselves. Why not take advantage of our undervalued shareprice and buy back 60,000,,000 AMI shares on Market. It would only cost around $10,000,000 .We have too many shares on issue and excess cash.I believe Andrew Graham's only mistake while in charge was raising more cash than was needed at the ridiculous 9 cent price. Doing this now could cost us $25,000,000 doing the same thing in 12 Months time. Just a suggestion but this share register numbers needs to be addressed, They already have 120 mill options issued at 25 cents for 2027 every man and his dog would grab that deal. Even spending $5mil to buy back 30,000,000 shares would be money well spent. This would help fix the excessive 9 cent cap raise that is still hurting the current share price.
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Here is a suggestion for Management which would benefit all...
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Last
17.5¢ |
Change
-0.010(5.41%) |
Mkt cap ! $296.0M |
Open | High | Low | Value | Volume |
17.5¢ | 18.0¢ | 17.5¢ | $192.9K | 1.091M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 876223 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 120595 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 876223 | 0.175 |
17 | 1016368 | 0.170 |
8 | 579850 | 0.165 |
9 | 841778 | 0.160 |
5 | 555999 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 67031 | 3 |
0.185 | 401698 | 8 |
0.190 | 728374 | 10 |
0.195 | 400661 | 5 |
0.200 | 331000 | 8 |
Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
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