My thoughts exactly. AMN mgmt know more about the history of this project than we do and are still choosing to spend money on it.
I agree it is a risk (it is a risk for all Australian projects) but I think the market might be overestimating the level of risk and we're in for a HUGE re-rating if things go well. That's my justification for owning some anyway....
Ann: Drilling Results Significantly Surpass Expectations, page-7
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Last
14.5¢ |
Change
0.010(7.41%) |
Mkt cap ! $60.70M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.5¢ | 13.5¢ | $4.941K | 35.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 74741 | 2 |
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| Last trade - 13.05pm 26/11/2024 (20 minute delay) ? |
| AMN (ASX) Chart |
