AMA 1.67% 5.9¢ ama group limited

how can they lodge a 3b??, page-4

  1. 1,641 Posts.
    Quite a lot to digest - massive dilution, expert opinion on how little shares are worth (no surprise), control by Mr Gloss, vendors with long dated loans into co. in lieu of vendor payments

    Bought at 38c thinking that slide was over-done - now worth little more than brokerage and could probably buy an ice-cream with the change.

    On lighter note the experts acknowledge maintainable net profis $3.5m p.a. and they have rec'd amazing concessions by bank
 
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