I agree AMI is finally turning itself around after an absolute shambles that was Dargues and the CR. Having been a holder for over 5 years I don't see me getting my investment back but at least there is now some hope to mitigate the loss despite making further purchases in '22 and '23 at 10c. Won't happen before FY25 has ended though. We should also note the Trafigura transaction has flattered the cash available balance improvement by $50M+ ie not operational cashflow.
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- Ann: Investor Conference Call - HY24 Results - 28 February 2024
Ann: Investor Conference Call - HY24 Results - 28 February 2024, page-25
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