Understand but I was putting in the consideration of paying down a debt obligation which is not in yo ur figures there,AMA also partly payed down debt before the sale.The ACAD sale seems to be executed because of a loan covenant obligation and the 12-14 mill was the residual.Perhaps if AMA come out and said we had to sell ACAD because of obligations to pay X amount it would make sense.
I know the Covid has hit hard but last year they stated after June all operations were operating well but if you take jobkeeper out and the 12-14 mill one off they have been being struggling with profit.
Saying that I mentioned these very things to a fund manager and he said no there's nothing but blue sky ahead and he can only see upside .
Strong Day today, page-14
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AMA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.7¢ |
Change
0.002(3.33%) |
Mkt cap ! $215.2M | |||
| Open | High | Low | Value | Volume |
| 4.5¢ | 4.7¢ | 4.5¢ | $54.35K | 1.191M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1072416 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 1000630 | 8 |
View Market Depth
| Last trade - 15.39pm 16/08/2024 (20 minute delay) ? |
| AMA (ASX) Chart |