Patience needed here. Destruction is easy, but rebuilding will take time.
It is already stated that the turn around will only be realised in 1Q 2020. All that has happened recently are fulfillment of stated plans, which are progressing well. These should eventually translate into higher SP, unless the new CEO and COO bungles.
For short term traders, they should buy on rumours and sell on news. There are plenty of companies to pick to trade this way, regardless of whether they are fundamentally weak or strong.
I prefer to pick fundamentally sound companies and time it to buy them at the right price. Then ride the rise in SP. AMI is one on the verge of a positive re-rating IMO.
Patience needed here. Destruction is easy, but rebuilding will...
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Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $296.0M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.0¢ | $721.6K | 4.121M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 295692 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 1629037 | 6 |
View Market Depth
| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| AMI (ASX) Chart |