AMX 0.00% 45.0¢ aerometrex limited

will history repeat?, page-3

  1. 1,890 Posts.
    Well Graham , AMX has shown the ability to gain 20%+ in 24-48hours on two occasions just recently. Volume on up days is far larger and the moves are more pronounced than on down days.

    = Share register is getting much tighter.

    So what would it do with a few months of kicking some goals and a bullish POG ?

    Currently, you have a company worth $9/oz that has the potential to sell gold for a profit of say $400-500+/oz one day. So we are no where near true intrinsic value.

    Production of 150k/oz a year x $9/oz (current valuation) = $1.35million
    Production of 150k/oz a year x $400/oz (profit) = $60million.
    (I know , this is a rough calculation of value but highlights an interesting valuation gap imo )

    Current market cap is less than one years profit potential.




 
watchlist Created with Sketch. Add AMX (ASX) to my watchlist
(20min delay)
Last
45.0¢
Change
0.000(0.00%)
Mkt cap ! $42.74M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 11164 43.5¢
 

Sellers (Offers)

Price($) Vol. No.
44.5¢ 3165 1
View Market Depth
Last trade - 16.12pm 12/07/2024 (20 minute delay) ?
AMX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.