AMA 1.67% 5.9¢ ama group limited

During the conference it was put to Rob Allan that they should...

  1. 146 Posts.
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    During the conference it was put to Rob Allan that they should consider using the dividend cash towards further business opportunities. He indicated that the payment of a fairly high dividend was not a problem for the company business/acquisition model.
    The main problem this company does face is its own low share price. While the company is on such a low earnings multiple itself, the benefits of acquiring other businesses using AMA shares as currency are greatly reduced.
    It's a interesting situation - a higher share price would make their life easier and produce greater EPS growth, leading to a higher share price etc. etc.. Expansion is now going to happen a little slower than first planned.
 
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Last
5.9¢
Change
-0.001(1.67%)
Mkt cap ! $286.9M
Open High Low Value Volume
6.0¢ 6.1¢ 5.8¢ $126.4K 2.136M

Buyers (Bids)

No. Vol. Price($)
6 729133 5.8¢
 

Sellers (Offers)

Price($) Vol. No.
6.0¢ 359639 4
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Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
AMA (ASX) Chart
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