Without baiting may I simply say that is an outrageous suggestion that A2M is worth $1.00 per share.
My comments are based on;
- It last traded at $1.00 back on 17th November 2015 (not long after listing)
- Market Capitalisationis $5,056,564,497
- It is ranked on the ASX as105 of 2,311, and its Sector Rankis number 6 of 86
- Net Profit after tax, while down, was still $80.7M
- As at June 30th 2021 it had $875.2M Cash on Hand.
- Chinese label revenue growth has increased almost 5 fold over the past 4 years to $390M (NZ)
- ANZ liquid milk market is also growing
- USA results are only slightly down.
- The acquisition of a 75% stake in Mataura Valley Milk will start to reap rewards
I would be waiting to see what comes out of the Growth Strategy Review which is scheduled to be presented this month.
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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. |
---|---|---|
$6.48 | 48180 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1555 | 6.430 |
2 | 1275 | 6.400 |
2 | 3200 | 6.350 |
1 | 500 | 6.330 |
1 | 1200 | 6.320 |
Price($) | Vol. | No. |
---|---|---|
6.500 | 1380 | 2 |
6.550 | 559 | 2 |
6.560 | 424 | 1 |
6.600 | 2355 | 4 |
6.610 | 4000 | 1 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
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