AMA 1.85% 5.3¢ ama group limited

Hey Bellaboo and PussYep totally agree. Ray Malone is a good one...

  1. 11,407 Posts.
    Hey Bellaboo and Puss

    Yep totally agree. Ray Malone is a good one to be in bed with...switch on and will make AMA whats its meant to be.

    About the dividend...yeah I would have liked to have known more but I think we all know the situation....they couldn't make the $10 million payment in time...past management mucked things up....AMA has re-negotiated all the terms with financers...issued shares at a nice 4c to put a foundation on the share price and they are still making profit.

    Its a new beginning in my opinion for AMA...and while its not a blue chip...the business is solid and actually makes that little majic we investors like...profit.

    The past is now the past and while I missed out on a $14,000 dividend which would have been handy back in January....I understand the company was in no position to pay out dividends when their future was uncertain.

    I assume once they are feeling equipped and stable again, they may come back to the past dividend we missed or just make it a nice one this year or next.

    Either way...I'm real happy its back, listed, trading and filling us in on the details. I'm going to quietly keep building up a little stake in the company over time as I reckon it wont be long till AMA is back over 20c...they used to be over $1 so I can see a multibagger here in a big way.

    Good luck all.
 
watchlist Created with Sketch. Add AMA (ASX) to my watchlist
(20min delay)
Last
5.3¢
Change
-0.001(1.85%)
Mkt cap ! $95.73M
Open High Low Value Volume
5.3¢ 5.4¢ 5.0¢ $178.9K 3.449M

Buyers (Bids)

No. Vol. Price($)
1 35000 5.2¢
 

Sellers (Offers)

Price($) Vol. No.
5.3¢ 245528 1
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
AMA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.