LOM is not a problem for AMI. It has "typical" reserves and plenty of resources. Based on the past few quarters results, the company has no operational or management issues and its debts are in order. Those results are there for all to see but it seems as if very few people are really looking.
AMI needs to get the markets attention.
IMO AMI needs a shareholder relations/PR firm to convince the market that the communication and operational problems of past are behind them. Only when AMI convinces brokers/funds to invest in them will the market price start to move north.
Until we see more public relations work, the stock will languish. Even so, AMI is still a good LONG term hold as is
Ann: Quarterly Activities Report - Dec 16, page-11
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Last
17.5¢ |
Change
0.010(6.06%) |
Mkt cap ! $296.0M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 18.0¢ | 16.5¢ | $387.2K | 2.219M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 610175 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 59168 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| AMI (ASX) Chart |