Agree JCoure. To me the A2M share price is totally fake. People assume that because its going up, that its value is also, and that is just not that case. Anyhow an excellent piece by Tony Locantro from Alto Capital. Finally an analysis willing to tell the truth for a change. I will certainly be using them in the future. The facts are, this stock has a PE of 60 and a 5.3 billion market cap. To me A2M is a bubble in progress. And that is the reason why I have not bought yet. Last thing I want to do is by into this bubble at the top. And be a bag holder as it corrects. Yeah smart move that would be. I do wonder what will end up popping it. And how much higher can it go before it pops. Some interesting questions for all to ponder.
$18.5 Billion Market Cap in 2-3 years $26 a share, page-69
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Last
$5.70 |
Change
-1.310(18.7%) |
Mkt cap ! $4.120B | |||
| Open | High | Low | Value | Volume |
| $5.86 | $5.93 | $5.34 | $93.50M | 16.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 526 | $5.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.71 | 23970 | 3 |
View Market Depth
| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |