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.
At the low end, that would mean AMI has net assets of $470...
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Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $304.4M | |||
| Open | High | Low | Value | Volume |
| 18.8¢ | 18.8¢ | 17.5¢ | $703.7K | 3.893M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 259741 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 382439 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| AMI (ASX) Chart |