Why bother spending money exploring for gold when a $3 billion gold resource is valued by the market at around $100 million after taking AMX's cash into account.
Just be a predator like lion or a tiger and attack a "weakened" company with its gold being discounted by 97% of its in ground value.
A friend e-mailed me today. "At least I did my 50% quickly."
Management's approval is not needed for an unfriendly bid to see if shareholders, who have been smashed for six and then smashed for six again while gold is over US$1600, just give in and accept the "very generous premium" to the last trading price.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $20.42M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 21.5¢ | $18.66K | 85.41K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4599 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 23683 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| AMX (ASX) Chart |