AMM 0.00% 0.9¢ armada metals limited

new high, page-27

  1. 169 Posts.
    Basil,
    Agreed, and I hope it's previous performance is the only reason. Amm is not the only telco services company that got smashed today however ( even more so than the general market) . Take a look at how others like IIN and TPM performed today. All great companies but suffered a huge fall. I think the telco services sector in particular has been impacted by either:
    - westpac figures showing significant reduction in consumer sentiment.
    - the fall in aud against the green back due to possibility of an end to Q.E in the u.s

    Both might negatively impact online transactions IMO.

    I could be over-analysing here lol. What do you guys think?
 
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