AMX 8.47% 32.0¢ aerometrex limited

Vienna U have buy for gry with 250m market cap 3 m resourceAnd...

  1. pp
    2,345 Posts.
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    Vienna
    U have buy for gry with 250m market cap 3 m resource
    And negative abt amx with 125m market cap and 4m resource...

    Gry has bit high grade but with current pog it only decrease bit profit margin...apart from that gry has all inferred resource however amx has 1.5m indicated and 1.6m inferred...i think regardless what it should both are buy for me...assay rtesult shouldget announced soon because lab maynalready be operational by now...lets see what they say next but i like it how they are quiet....thEse selling has stopped or will stop sooner or later...i would not discard that most of the company try to pick as many as they can before putting takeover offer....i dont really think there was any buyer since the beginning but thats just me...if there is any they will come back imo...if not now than later....this is down or not moving in beter words but one day the holders will be very happy and i strongly believe that....apart from that its not the grade but its depth that is more important in project viability...that was the issue with amx and thats why it has fallen from $4 ....but at current share price its very attractive and recent buyerr will be winner imo....because look at ordinary iron ore explorer gets taken over around 200m....where profit margin is very less and ore price is very volatile...wa explorer has been target since a quarter and usually it takes quarter or two or good news or sentiment to make those fundies or shorters disappear....
 
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Last
32.0¢
Change
0.025(8.47%)
Mkt cap ! $28.02M
Open High Low Value Volume
29.5¢ 32.0¢ 29.5¢ $6.568K 21.01K

Buyers (Bids)

No. Vol. Price($)
2 17331 29.0¢
 

Sellers (Offers)

Price($) Vol. No.
33.5¢ 15871 1
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Last trade - 12.03pm 01/11/2024 (20 minute delay) ?
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