AMI
I must be pretty dumb at reading a company report. Share price of AMI plunged after announcing its half yearly report. I collected a small parcel because I had put a very low buy price at 71c days earlier and had not changed it. And that was the lowest price today!
Well, by the close of trading, I made a ~10% profit :-)
I thought the result was not superb but it wasn't bad either. I was wrong but who cares when I got in at the trough today and the share price has recovered to 78c but below yesterday's 80.5c. Obviously other investors read like me!
posted by Club Mulgoa @ 2:16 AM
2 Comments:
And today, surprisingly, it went up by another 2c. Maybe, I do know how to read a report!
Today AMI is at 81c. I have no idea why it was dumped recently but I am glad I picked up some the other day at 71c
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