A2M is a soon not to be ASX 50 company in the next rebalance. Along with EOFY loss selling to offset gains, these two things alone could easily take it to the next support level, which from memory is around $7. Then throw in the high probability of another downgrade in terms of both revenue and margins, and this could easily sink well into the $6s, imo.
Chart Update, page-18432
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Last
$6.88 |
Change
0.000(0.00%) |
Mkt cap ! $4.973B | |||
| Open | High | Low | Value | Volume |
| $6.90 | $6.90 | $6.80 | $7.266M | 1.060M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12501 | $6.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.88 | 33092 | 3 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |