phishpheet, i had previuosly been thinking along the same lines but the options overhang is much less of a problem at 10c then it was when the stock was 18c. You can still buy now and make a 70% return before the options become an issue. I agree though that AMM's SP will perform a lot better once it finds clean air post 31 Dec 09.
I also agree AMM is a hell of a buy, at 10c a share AMM offers a 10% and growing (grossed-up) dividend yield and a great potentiual for capital growth.
Eventually, AMM will become an irresistible buy for the mob. There's only so long that earnings and share price can track in different directions.
phishpheet, i had previuosly been thinking along the same lines...
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.12M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 144450 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 121010 | 1 |
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| Last trade - 16.12pm 05/07/2024 (20 minute delay) ? |
| AMM (ASX) Chart |
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