AMA 1.69% 5.8¢ ama group limited

drp schemes very dilutive in recession , page-3

  1. 11,407 Posts.
    mgm thats fine you think I am being negative.

    Its not the numbers I am disputing.

    Its this.

    I called the AMA office 15 times with no call bacll backs as no one was ever in the office to "answer questions from shareholders".

    On the 15th time...it was 1pm...and the phone eventually diverted to a worker / director Daniel.

    I wanted to know where to go from here, whats an update and whats going on with that 5 million payment delayed from a creditor.

    He got irate and said no one knows here as all info comes the AMA head office.

    12 emails went unanswered. The 13th didn't answer my questions yet said they tried to legally reverse the divvy payout but got told they cant so they now have to pay it on the 17th.

    The company is out of money.

    Management here wont talk to shareholders.

    They are being completely tight lipped and they are even irrate they are being asked such questions.

    Remember....they survive on investor money yet wont talk to us investors.

    For me personally...thats far to dagerous to leave money in.

    So I jumped and let you guys know.

    Stay in for all I care. Ring / email them.....see how you go. if you believe a company with no money and trying to legally wrangle out of paying the divvy is worth trusting.

    I put them know with the other AFG, CNP, MFS, TRM, VRE....companys either in admin or about to be is worth having your money near them.

    Good luck all. I am sharing info. Check for yourself and then make a wise decision.

 
watchlist Created with Sketch. Add AMA (ASX) to my watchlist
(20min delay)
Last
5.8¢
Change
-0.001(1.69%)
Mkt cap ! $286.9M
Open High Low Value Volume
5.9¢ 5.9¢ 5.8¢ $77.12K 1.325M

Buyers (Bids)

No. Vol. Price($)
7 309549 5.7¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 238372 8
View Market Depth
Last trade - 12.43pm 02/12/2024 (20 minute delay) ?
AMA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.