For those who think the SP is over priced, I remember a few analysts were saying that about:
Blackmores when they were $95 and now $215
BAL when they were $4.50, now over $14....
For get about the number of shares on issue.....its all to do with basic economics supply and demand for shares, A2M shares are in very BIG DEMAND, many Chinese investors are jumping on board with all the publicity and promotion A2M infant formulae is receiving in China. Many wealthy Chinese now live in Australia and have relatives in China, many know about A2M and to them $1.85 a share is kids stuff, they will keep buying as they know the demand for A2M infant formulae is going to keep growing in years to come. This is not a fad, A2M has an excellent reputation in the Chinese market and will continue to grow even if other products enter the market.........you guys waiting for this to retrace to $1.50, $1.40, $1.20, good luck, I am an investor and I think the A2M SP has HUGE UPSIDE from $1.85....DYOR ......
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Last
$5.90 |
Change
-0.090(1.50%) |
Mkt cap ! $4.271B |
Open | High | Low | Value | Volume |
$5.96 | $5.97 | $5.86 | $19.03M | 3.213M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4800 | $5.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.91 | 29913 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4800 | 5.870 |
7 | 15150 | 5.850 |
3 | 9768 | 5.840 |
2 | 55752 | 5.830 |
6 | 23455 | 5.820 |
Price($) | Vol. | No. |
---|---|---|
5.910 | 29913 | 3 |
5.920 | 24570 | 3 |
5.930 | 23959 | 2 |
5.990 | 4029 | 1 |
6.000 | 2395 | 5 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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A2M (ASX) Chart |