I don't think $1.50 is realistic any more. A2 had a low of $1.51 a few weeks ago then bounced strongly. Don't see it going back there. Very likely that $1.70 is a strong support...but it's just my opinion. Logically investors want to buy before the next announcement. The previous announcement doubled the share price. That was only because a2 had a "good month" and revised estimates. December/Jan? Will those be bad months...don't think so. The price will not be around the $1.70-$1.90 for long. It's also attracting a different set of instos with a higher share price which is great.
My 2 cents...
Trading on 4 Jan, page-185
Add A2M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.22 |
Change
-0.100(1.58%) |
Mkt cap ! $4.496B | |||
| Open | High | Low | Value | Volume |
| $6.30 | $6.31 | $6.17 | $3.281M | 527.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10129 | $6.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.23 | 6020 | 11 |
View Market Depth
| Last trade - 13.28pm 04/10/2024 (20 minute delay) ? |
| A2M (ASX) Chart |