At the low end, that would mean AMI has net assets of $470 million, with the top estimates being around $630 million, that would suggest that AMI would easily have a real value between 40c and 50c a share.
AMI can easily liquidate the $8 million debt it recorded in December 2023 with available cash reserves and still be in an incredibly comfortable position. In a high interest rate environment like the one we are in currently, this is a tremedous benefit for our business.
Back to 20c Party, page-8
Add AMI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
21.0¢ |
Change
-0.005(2.33%) |
Mkt cap ! $355.2M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.0¢ | 20.3¢ | $311.7K | 1.502M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20000 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 2066 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| AMI (ASX) Chart |