Everyone thinks $6 entry will be cheap but has anyone asked about A2m being out of flavour in China? Due to Australia China tensions, other countries or brands have most likely replaced A2m already. This will be worth $2 to $4 in the medium term if Chinese market share dwindles and stagnates, which is most likely. A2m is no longer considered a premium product for the Chinese. It’s hard when you consider A2m being highly leveraged to the Chinese market where if it loses its premium there, then $3-6 share price is considered overpriced. All imo.
Chart Update, page-18093
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Last
$6.14 |
Change
-0.220(3.46%) |
Mkt cap ! $4.445B | |||
| Open | High | Low | Value | Volume |
| $6.30 | $6.33 | $6.12 | $14.77M | 2.391M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17044 | $6.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.17 | 3624 | 2 |
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| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| A2M (ASX) Chart |