And that's what exactly A2m did. This acquisition will pay future dividends by increasing manufacturing capacity , improving margin, ability to meet rising A2M IF demand etc . Just because it's not paying cash right now does not mean it's bad purchase. For me it's right strategic move
i would be against acquisition if mgmt didn't prove themselves in past so I am onboard with this
By January probably 900m in the bank AFTER Mataura and still no dividend- inexcusable!, page-39
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Last
$7.06 |
Change
0.340(5.06%) |
Mkt cap ! $5.056B | |||
| Open | High | Low | Value | Volume |
| $6.83 | $7.12 | $6.81 | $12.89M | 1.841M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 17540 | $7.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.07 | 13000 | 5 |
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| Last trade - 12.55pm 16/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |