Looks like the shorts were right when they opened quite a big amount on Monday, and added a few more yesterday.
Probably sniffed out directors selling when they could have waited a few more months for the dividends.
Either way: the market has already decided that it's not a good look at the moment and hence the SP weakness.
I suspect that we could get a 2017 yearly low for A2M but someone threw $1.50 out in the open. I am unsure how it will get there (I think it's unlikely) but i won't discount it.. after all, the market is irrational.
Also - i suspect there's supply issue as they could really supply 1HFY17 worth of stock.. but A2M already flagged lower IF sales and IF is continuing to make it a big part of their total revenue.. 72% and potentially up to 80% ??
Is it the upgrades of SML that is impacting current production ??
3 Directors sold, page-60
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add A2M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.91 |
Change
-0.110(1.57%) |
Mkt cap ! $4.995B | |||
| Open | High | Low | Value | Volume |
| $7.00 | $7.04 | $6.90 | $13.12M | 1.885M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2054 | $6.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.93 | 11328 | 4 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |