Correct on the dead cat bounce
A2 has been in a downtrend since the 2016 high of 2.36
It's the same price as it was 9 months ago Those holding from Jan 16 have seen zero growth
The weekly chart is again breaking down with a descending triangle an bearish divergence
My vacation on my DCF is 1.45 I think it will get thete this year
The court case has scared many away in my view volumes have been poor an as you point out even on uptick days it does little
I think it will just drift down until We see the half year next Feb not much will be said at the AGM that we don't know in my view
The opportunity cost of holding for people who bought in jan 16 has been terrible the market has been quite buoyant with many Coys doing well
I have 1.45 in 2016 1-58 in 2017 an 1.95 in 2018 for intrinsic value
I just can't see a catalyst wirh the court case been the stumbling block for many
In my view a foolish move which could cost A2 hokders dearly if they lose which in my view they will
sp downtrend, page-29
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Last
$5.73 |
Change
-0.010(0.17%) |
Mkt cap ! $4.148B |
Open | High | Low | Value | Volume |
$5.74 | $5.78 | $5.70 | $10.10M | 1.760M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 8889 | $5.71 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.75 | 927 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 8889 | 5.710 |
7 | 22774 | 5.700 |
5 | 34099 | 5.690 |
1 | 3320 | 5.680 |
2 | 1700 | 5.670 |
Price($) | Vol. | No. |
---|---|---|
5.750 | 927 | 1 |
5.770 | 8212 | 1 |
5.780 | 8212 | 1 |
5.800 | 3124 | 4 |
5.820 | 8501 | 3 |
Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
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A2M (ASX) Chart |