AMI aurelia metals limited

Hmm, well from what ConfusedMiner has said, that's the third bit...

  1. 1,272 Posts.
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    Hmm, well from what ConfusedMiner has said, that's the third bit of information where the company hasn't been completely honest. He probably is right because we have listed that Chesney East mine for many a year so would have data on it. What management need to learn is that integrity is a key trust factor and part of integrity is honesty. Once people are honest it becomes more likely both that they are trusted and also that any 'potential trustees of them' can take the bad news with the good. Let's face it, we had 2 years of bad news under Clifford...we bought Dragues, we wrote off $80 million and produced a similar loss after years of profitability, we saw cash drop form $76 million to around $20 mil, the share price plummeted, and if we are to get a larger tax rebate this year than last, we are probably set to write off the rest of Dragues. If this later info is true and we write off another huge amount of the Dragues purchase price, we obviously have another embarrassingly bad FY 2023. Again if true, we got the good news part (great tax rebate) without the bad news (a big fat loss). So my belief is, unless the Board and management wise-up and become honest for starters, the share price will continue to languish. The investment houses probably worked all this out which isn't helping our cause, hence the 'Clifford era' share price. If politicians are the least trusted people on the planet, perhaps AMI are trying to steal that mantle. Anybody can see through the childish game of a sugar coated pill.
 
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(20min delay)
Last
21.5¢
Change
-0.090(29.5%)
Mkt cap ! $363.9M
Open High Low Value Volume
26.5¢ 27.0¢ 19.5¢ $15.10M 68.83M

Buyers (Bids)

No. Vol. Price($)
27 3774856 21.0¢
 

Sellers (Offers)

Price($) Vol. No.
21.5¢ 557556 1
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Last trade - 16.10pm 19/06/2025 (20 minute delay) ?
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