crickey the bulls are getting bitchy..........well that will happen if you see you beloved SP go down day after day after day.
It really seems obvious that A2M are going through a re rate and for good reasons.
I think $6 is fair value as I suspect the squeeze on margins will materially increase.
A2M have lost the monopoly they had in the market place and management seem at a loss on how to keep the company growing.
Synlait latest ann shows they are struggling as well, something I would take notice of if I was A2M SHer as there stats are heavily linked aside from A2M holding a position in the company
Chart Update, page-18133
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Last
$6.74 |
Change
-0.060(0.88%) |
Mkt cap ! $4.872B | |||
| Open | High | Low | Value | Volume |
| $6.79 | $6.81 | $6.68 | $8.115M | 1.202M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4975 | $6.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.76 | 4280 | 1 |
View Market Depth
| Last trade - 16.10pm 13/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |