If you've got the patience to ride this out over the next 1-2 years imo it represents a great risk reward profile. The fact that Brazil has %20 makes it even more attractive. Reminds me of buying PRU when It was .30c years ago and rode it out to >$2, similar position as AMI as they had some struggling mines but were developing more attractive ones. A %200-%300 gain from current prices would not be hard to achieve.
This might help short term -
If you've got the patience to ride this out over the next 1-2...
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $287.5M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.0¢ | $989.7K | 5.687M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 770602 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 841648 | 11 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| AMI (ASX) Chart |