If market pricing was $6 after last report, then with the improved China market and higher revenue, market pricing around $7 makes sense assuming your forecasts eventuate. In order for this stock to break $7 or $7.5, we probably need more good news (i.e Synallit issue to be resolved, better than expected non-China sales or much better future guidance). Obviously market can over/undershoot thr SP in the short term and there is always speculation/manipulation on small cap stocks like this.
Ultimately, the things company can control are having the right business strategy in place and strong execution. Hopefully they can deliver on both.
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Last
$6.88 |
Change
0.000(0.00%) |
Mkt cap ! $4.973B |
Open | High | Low | Value | Volume |
$6.90 | $6.90 | $6.80 | $7.266M | 1.060M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 12501 | $6.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.88 | 33092 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 292 | 6.840 |
1 | 4997 | 6.830 |
7 | 27034 | 6.820 |
3 | 11706 | 6.810 |
2 | 11100 | 6.800 |
Price($) | Vol. | No. |
---|---|---|
6.880 | 28241 | 2 |
6.890 | 4997 | 1 |
6.900 | 15345 | 12 |
6.910 | 1515 | 1 |
6.920 | 20500 | 2 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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A2M (ASX) Chart |