Precis, I think you have nailed what many have been thinking. Cash cows are made to deliver at some stage, and it has been obvious to quite a few that the team at AMI are building more than a one stop solution. I spoke with Rimas many years back on where YTC (in those days) could be, and he shared a similar vision of regional expansion. Sadly that never came to pass in those days and things changed.
However, the ambition is still there, passed on to a new team, and I am sure current managers are well aware that the BHPs and RIOs of the world were built on the same dogmatic approach back before they became global leaders.
AMI has always been more than the 8 year sum of Hera and Nymagee. I like the $2 target goldie is suggesting, but I agree with Precis...the market isn't sure how the war chest will be spent.
Now isn't the time to sell.
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Precis, I think you have nailed what many have been thinking....
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $321.3M |
Open | High | Low | Value | Volume |
18.5¢ | 19.5¢ | 18.0¢ | $481.7K | 2.565M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 117544 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 719433 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 117544 | 0.190 |
9 | 1393486 | 0.180 |
4 | 140075 | 0.175 |
5 | 464070 | 0.170 |
7 | 1201179 | 0.165 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 719433 | 10 |
0.200 | 805110 | 13 |
0.205 | 586451 | 6 |
0.210 | 1135688 | 10 |
0.215 | 1122793 | 6 |
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