AYO unknown

stuck in a technical sell.

  1. 3,353 Posts.
    trading so far below its moving averages, Amity continues to be stuck in a 'technical sell' position despite some excellent fundamentals.

    Not only do they have 13 cents a share in cash sloshing around ($20M / 160M shares), but the Turkey operations are almost cash breakeven, with sales only just lifting off (with far more to come) and with more cheap and effective drilling to come as well.

    I call it a fundamental buy at present and am accumulating.
 
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