AMA 0.00% 5.9¢ ama group limited

nice punt, page-6

  1. 11,407 Posts.
    Yeah gotta agree.

    I am in at 5, 4.5 and 4...and happy to wait it out.
    Seiously though and working on market depth....this could be 8 cents any moment and that would be a third of what it was 3 trading days ago.

    Its a joke and a steal right now.

    Still waiting on calls from the company but based on whats realesed..I reckonj AMA should be sitting around 12 cents....just my thoughts....so I could buy any more...I would.

    Just wish I got in Friday. I actually thought the divi would be paid / closed off this coming fro....so I missed it but figure I got in on AMA at a stupid price...averaging around 5 cents and happy to hold for months.

    The sell down recently I think is to tree shake and spook sellers.

    3 trading days ago..the share price was 25 cents. They reported that possible 40% of profit could go down the drain.

    They are still in profit...many company;s are not.

    They may need to raise money but according to recent ann's...they may get quite a bundle from their proposed AGM SPP floats...should bring in quite a bit of money.

    To close off. I bought in. I'll hold. I reckon this will be one which see;'s some explosive rises from here. After 8 or 12 cents...we might see some news and probably see AMA where it was.

    But is 25 cents fair? They are cash flow positive...making money and doing ok...just reduced their profit by a chunk...but still well and truly in the game.

    I like these ones....love the fear. People do extroidinary things.





 
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