Yes, but that was under the McKinsey guy with unrestrained love of debt for expansion and had no idea how to run a lean operation. Malone could not be more different. Battler family, no higher education, build Mr Gloss from scratch to a multimillion dollar business before selling into Allomak. Nearly lost it all. Over the last 4 years, Malone has delivered exactly what he had promised. Paid down debt, streamlined operations, paid dividends and now doing steady growth. If that is not enough, I am afraid even Jack Welch will be insufficient.
As to 60cents, I hate to sermonise, but the price that you paid is highly irrelevant. What matters now is whether your money at 45 cents per share would be better invested in AMA or something else. Holding for the hope of breaking even is not rational, no matter how common spread such fallacious thinking could be.
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Last
5.9¢ |
Change
-0.001(1.67%) |
Mkt cap ! $286.9M |
Open | High | Low | Value | Volume |
6.0¢ | 6.1¢ | 5.8¢ | $126.4K | 2.136M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 729133 | 5.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 359639 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 59761 | 1.050 |
3 | 2596 | 1.045 |
3 | 3726 | 1.040 |
2 | 2898 | 1.035 |
1 | 50000 | 1.030 |
Price($) | Vol. | No. |
---|---|---|
1.055 | 77023 | 3 |
1.060 | 53603 | 4 |
1.065 | 51503 | 3 |
1.070 | 2503 | 1 |
1.080 | 1158 | 1 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
AMA (ASX) Chart |