ANM 0.00% 5.5¢ advanced magnesium limited

what are your thoughts

  1. 143 Posts.
    I used to be a long term invester on ANM.
    However, ANM doesn't look too good at the moment.

    Especially with fall out on AM-Lite and dramatic reduction on their sale and R&D which may hurt the ANM's bottom line.

    Fall out on ANM's only sustential client that fail to generate any revenue means ANM will suffer further losses interms of fund went into R&D for joint venture of AM-Lite with Chinese's counter part.

    ANM has not been able to crystalise any potential business opportunity since 2005/06.

    Love to share any thoughts with you guys
 
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