Still looks to be some heavy sell side pressure. Still trading on assumption of around almost 90% growth, (given a sector P/E of ~20). Still seems like an inflated share price at it's current level. Can see it settling slightly lower, especially if ASX decides to continue it's sell off.
Morningstar slapped a $12.05 price valuation on it, although I highly doubt it will fall that low. If they can continue to grow sales (which looks pretty likely) can see the current price being justified, however looks like it could fall back below $13, which is where a lot of consolidation will happen.
All IMO - GLTAH
Chart Update, page-4847
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Last
$6.58 |
Change
-0.060(0.90%) |
Mkt cap ! $4.756B | |||
| Open | High | Low | Value | Volume |
| $6.58 | $6.61 | $6.53 | $10.64M | 1.619M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7112 | $6.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.59 | 9690 | 1 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |