AZG 0.00% 3.6¢ allmine group limited

Theres just no demand atm for little companies without proven...

  1. 675 Posts.
    Theres just no demand atm for little companies without proven track records of earnings like AZG. Volume barely hits $100,000 most days - so even small investors with a reasonable sum of money in Allmine, who decide to offload, can depress the price substantially.

    This too will pass...the tide will turn. Allmine simply need to keep delivering - the more research I do the more I can see that their forecast revenue is quite reasonable. Break down the individual companies that compromise the Allmine group - calculate expected revenues and I come up with an estimate between $135 - $150 million in known revenues. Even if they only achieve half their forecast earnings for 2012 they are on a PE under 5!
 
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Currently unlisted public company.

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