preparing for backdoor listing

  1. 1,230 Posts.
    lightbulb Created with Sketch. 4
    Looks like AME is preparing itself for backdoor listing and placement of 30 mln shares at 20c. Easy money this one the last couple of weeks..picking up shares until 20c and then the backdoor listing next month and placement. there will be 95 mln shares outstanding and a estimated profit for next year of between 6-8 mln. Looks cheap to me Mcap at 18mln so that is 2 to 3 times eps. Also the newco''bounty" will do their roadshows so new investors will jump on this one.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.