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.
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Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $304.1M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 17.5¢ | $302.8K | 1.681M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 309045 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 476120 | 3 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
17.8¢ |
Change
0.000 ( 0.51 %) |
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| Open | High | Low | Volume | ||
| 18.0¢ | 18.3¢ | 17.5¢ | 605196 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| AMI (ASX) Chart |