AMM 0.00% 1.5¢ armada metals limited

suggestion to offload iinet investment

  1. 161 Posts.
    Now that the chance of a tie up with a big player and W.A.'s ISP cousins (Amcom & iinet) is looking remote, I believe Amcom would achieve a higher valuation by the market if it could offload its iinet investment for a reasonable price.

    My proposal: Amcom & Telecom NZ get together dump their iinet shares into a separate private holding company, square up their ownership 50/50, and then let it be known that the combined stake was up for grabs anytime someone was interested.

    Problem: Telstra prefer to strangle rather than acquire, Optus have duplicated DSLAM infrastructure and no one else much has any money, unless a surprise packet like a Pacnet came to play.

    OK so there are probably a miliion and one reasons why this will never happen but I have to come up with some speculation to keep the AMM board on HC ticking over.
 
watchlist Created with Sketch. Add AMM (ASX) to my watchlist
(20min delay)
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($)
1 166468 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 200000 1
View Market Depth
Last trade - 16.12pm 26/07/2024 (20 minute delay) ?
AMM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.