$13.75 is a reasonable 12-month price target, particularly given that the company will IMO need to downgrade again before the end of the FY. Has anyone on here figured out how the company will actually achieve the forecast $1b+ in revenue for 2HY? That's well in excess of what the company achieved in the pcp when there was mass stockpiling that inflated the pcp figure. So the company is saying it's going to blow that figure out of the water. How? Because the company said it's going to? It also said in late August that it expected strong revenue growth only for that to be throw out barely a month later. So what the company says should be taken with a grain of salt at this juncture, IMO.
A2M Price at posting:
$14.16 Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)