Chart Update, page-21637

Why would you use KGN, a stock that has been pumped like crazy during covid, as a comparison to A2M? Surely you would look at a company that has been trashed by the market as a comparison? Either way, I agree with the last sentence. Sentiment around A2M is the only thing that has changed -- a reassessment of the same financials (the current revenue and earnings are akin to when the share price was at a much higher level). The valuation multiple has changed due to a sentiment shift, so it isn't actually that hard for the share price to rebound. All the market needs to see is that Covid is not permanent for A2M and that the potential remains just as good as it was pre-covid and this stock will roar back to life. The company is still a high margin, zero debt, cashed up growth stock (albeit the growth has experienced a temporary pause) just at a much lower premium than prior to Covid-19.