Australia's largest stock trading and investment forum Australia's #1 stock forum

AMA

Click for more information

0.00%

6.6¢ ama group limited

45m War Chest, page-2

First 2 Last

Share
Profile

Follow
JCoure

12,929 Posts.

132

08/07/15

22:33

Post #: 15603764
Share

Originally posted by JamesRS ↑

So the company has 45m and has made no announcements yet on how they intend to spend it. Presumably this would be on more acquisitions?

So, based on past transactions purchases have been between 1.44m and 6m cash and at EBIT of up to 4.5 times.

Taking the average of all transaction prices of around 3m we can expect something like 10 - 15 purchases in the next FY?

Have only found a buy of a Victorian company called Auto Innovations so far (not yet announced) so the delay makes me think that another purchase will be announced at the same time and they are waiting for it to complete before they update the market.

Any other thoughts about how the 45m will be used and future prospects?

Expand

poor corporate governance and the shares r starting to tank. Malone from hero to zero in one announcement, the Taosieach of Tweak has become the Master of Muppetry.

AMA Price at posting: 58.0¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

AXP

Tambourah chases gold veins and mineralisation extension with drilling

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

There are more pages in this discussion • 43 more messages in this thread...

First 2 Last

Add AMA (ASX) to my watchlist

(20min delay)
Last 6.6¢		Change 0.000(0.00%)		Mkt cap ! $286.9M

Open	High	Low	Value	Volume
6.4¢	6.7¢	6.4¢	$89.63K	1.363M

Buyers (Bids)

No.	Vol.	Price($)
1	78125	6.5¢

Sellers (Offers)

Price($)	Vol.	No.
6.6¢	454517	3

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 - 15.59pm 25/11/2024 (20 minute delay)

AMA (ASX) Chart