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6.6¢ ama group limited

poor corporate governance and the shares r starting to tank....

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JCoure

12,929 Posts.

132

08/07/15

22:33

Post #: 15603764
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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?

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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
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(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)

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