Club Mulgoa

Monday, February 18, 2019

AMI

This used to be my small parcel... but suddenly it spurted.  Then it issued a share purchase plan at about 24c.  Now at around 90c in a short time span.

A few days ago, it announced a spectacular gold find...  followed by today, a very nice financial report.  Big jump in profit and good prospect.  Yet the share price fell!  Maybe, the figures are not good enough or below expectation.  But then no broker research this stock!  So, who are the sellers?

Hence I bought more of AMI... at 87.5c.  Maybe it isn't smart but logically, it is irresistible!

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