I do agree. Given that AMP is to be booted, the incoming replacements are based on the eligibility criteria.
Based on eligibility criteria, A2M does look promising, but CIM is in better shape.
1. Listing - check
2. Domicile - check
3. Eligible Security - check
4. See below
5. Quoted Shares Issued - check
6. Liquidity - check
7. Positive Earnings - check
4. Market Capitalisation ~ looks like CIM has better chance. (not sure how all 3 factors (in *) are calculated and their respective weightings.
A2M
* mean daily market cap over 6 month-period ~ $14* 735.9M ~ 10.3 B
* shares on issue = 735.9M
* IWF ~ 655.8/735.9 ~ 0.89
CIM
* mean daily market cap over 6 month-period ~ $14* 735.9M ~ 10.3 B
* shares on issue = 324.3M
* IWF ~ 87.1/324.3 ~ 0.27
Perhaps in the next FY, A2M will be in ASX50...granting the SP does not go below $14
cheers,
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Last
$5.56 |
Change
0.030(0.54%) |
Mkt cap ! $4.025B |
Open | High | Low | Value | Volume |
$5.50 | $5.61 | $5.49 | $7.155M | 1.289M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6277 | $5.54 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.57 | 11611 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3438 | 5.520 |
2 | 2700 | 5.500 |
1 | 3000 | 5.490 |
2 | 6000 | 5.480 |
2 | 4049 | 5.470 |
Price($) | Vol. | No. |
---|---|---|
5.580 | 1000 | 1 |
5.610 | 1553 | 1 |
5.630 | 5000 | 1 |
5.650 | 220 | 2 |
5.660 | 4000 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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A2M (ASX) Chart |