It does not look like CEY are going to get the 90% this time, there are 2 funds between them that could stop this, and maybe that is their intention.
If CEY take 70% then they will appoint two thirds of the board.
But, it will mean that there are very few "tradeable" shares left in AMX, maybe 50 million or less, which could be the catalyst for a substantial share price rise, possibly without the need of any capital raising, because CEY may provide funds via loans or some other form.
This could get interesting for remaining AMX holders, and the remaining funds.
Gw
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Last
22.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.89M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.0¢ | 22.0¢ | $4.203K | 19.09K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 34655 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 393 | 1 |
View Market Depth
| Last trade - 13.02pm 17/06/2025 (20 minute delay) ? |
| AMX (ASX) Chart |