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
$6.91 |
Change
-0.110(1.57%) |
Mkt cap ! $4.995B |
Open | High | Low | Value | Volume |
$7.00 | $7.04 | $6.90 | $13.12M | 1.885M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2054 | $6.91 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.93 | 11328 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 8458 | 6.900 |
1 | 5284 | 6.890 |
3 | 14982 | 6.880 |
1 | 3851 | 6.870 |
1 | 2851 | 6.860 |
Price($) | Vol. | No. |
---|---|---|
6.930 | 5350 | 2 |
6.950 | 8458 | 3 |
6.960 | 10284 | 2 |
6.970 | 5284 | 1 |
7.000 | 12874 | 5 |
Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
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A2M (ASX) Chart |