Bought AMA at 0.30 just over a year ago, sold at 0.847 today = 180% plus gain - the key with roll ups is to know when to get off without losing money, just look at the share price charts of GEM, GXL and SGH for proof of that.
Paying higher premiums (7.5x for Gemini versus around 4x for everything before it) is the first warning sign for AMA, issuing new shares to pay for it and diluting existing shareholders is another.
Great investment, good management and a sound strategy up until now but downside risks are now presenting and won't make the same mistake as I did with GEM when I tunted a stellar gain into a merely good one by holding on too long.
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Last
6.6¢ |
Change
-0.001(1.49%) |
Mkt cap ! $286.9M |
Open | High | Low | Value | Volume |
6.4¢ | 6.7¢ | 6.4¢ | $214.0K | 3.275M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 145752 | 6.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.6¢ | 154026 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 22/11/2024 (20 minute delay) ? |
AMA (ASX) Chart |