Well done Lex all power to you for finding a diamond in the rough its not easy to do - you only need one A2M in your life to set up a nice retirement = I know a few that are enjoying a similar ride on PLS after getting in sub 10c.
I know very littel of the F/A on A2M and just try to stick to the charts - I have pretty much only ever been bullish on the stock and I think I even took Random to task when he sold last time suggesting it proably wouldn't go down as far as he ( she ? ) thought it would.
A couple of things this time concerned me - The highest volume of the year occurring at the ATH and the subsequent trading which appears more like distribution than accumulation The other thing is the confidence on the thread that a share price spike post AGM is almost a given - The market has a way of embarrassing us by sometimes doing the exact opposite of what the consensus is.
The punters here should be equally as prepared for a " sell the news " than a buy the news event " at $5b market cap there is a lot of blues sky already priced in - The company will need to blow the market out the water with results well above broker consensus to gain any significant short term traction ( IMO)
fingers crossed for all shareholders - everyone loves a winner !
Chart update, page-6239
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Last
$6.48 |
Change
-0.110(1.67%) |
Mkt cap ! $4.684B | |||
| Open | High | Low | Value | Volume |
| $6.59 | $6.64 | $6.41 | $25.96M | 4.015M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 103592 | $6.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.48 | 48180 | 4 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| A2M (ASX) Chart |