Being a previous holder of AMC during the $9+ period of a year ago I would suggest that the upside is larger than the downside.
I do know why AMC fell from previous high levels & the majority of the cause was the Australian dollar smashing through the low mid 70 cent range.
Most of AMC's profits come from overseas in U.S dollars so when the AUD is strong AMC profits suffer.
The AUD has been weak for some time & profits no doubt for AMC will be up compared to the previous 6 months.
Can AMC drop to $6.50 again??? sure it can.
Can it rise to $8+ again????? That's even more likely.
So people play it as you see it but remember the larger profits lie on the upside.
Any comments from anyone else?????
Cheers.
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Last
$14.91 |
Change
0.170(1.15%) |
Mkt cap ! $9.570B | |||
| Open | High | Low | Value | Volume |
| $14.84 | $14.93 | $14.77 | $34.19M | 2.297M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14903 | $14.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.92 | 458 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| AMC (ASX) Chart |