With cdu out of the way, still
In Suspension, it’s seemingly taken over as the biggest producer of market sensitive announcements , with big words like
Massive used , big fonts- but all
Imo to do about nada
I see the ex founder of cdu is now
Listed as a substantial shareholder- I expect
To see many many amazing things discovered over time
I wonder if they will release a intended future dividend policy soon?
The best announcement imo was the one were there was the big stockpile- valued at 50 m ( at aud prices at the time) but because they were conservative managers- they slashed the value and thought to be worth 26m-
They then sold for 2.6 ish and
Threw in some major land tenaments
Luckily I’m sure much of the sale
Proceeds will keep management happy in the form of big salaries- and enough money to keep pumping out these price sensitive announcements on of massive funds of maybe something
Anyway- must be time for another “ massive” announcement as the stock is falling
AMG Price at posting:
3.4¢ Sentiment: Sell Disclosure: Not Held