It wont be because of ww3 that pushes this to $4.80 or lower. That is just a typical ramper comment to try and justify why it is still good value. If it falls, it will be because its growing less than its share price is rising. Simple. And if for any reason CFDA is not approved. Then expect the stock to fall down towards $3.50 or even lower. And even if CFDA gets approval. I think most of that has already been factored into the current share price anyhow. Either way risk/reward still favours the downside. Of course that does not guarantee that share price will correct. It just means there is a greater chance it will, than wont at the current price.
Chart update, page-4465
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Last
$6.85 |
Change
0.170(2.54%) |
Mkt cap ! $4.952B | |||
| Open | High | Low | Value | Volume |
| $6.73 | $6.89 | $6.73 | $10.55M | 1.548M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10450 | $6.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.89 | 10276 | 2 |
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| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |