No, you are absolutely wrong about the market share.
That 1 or 2 percent share you are referring to is the market share A2M has within the MBS market, and NOT the overall market. You have confused the two.
I suggest you refer to A2M past financial result presentations for FY2018 and FY2019. I can't remember the exact figures, but A2M had around 8-10 percent market share in China in terms of the overall market.
A2M likely takeover target of Chinese company, page-23
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Last
$5.72 |
Change
-0.050(0.87%) |
Mkt cap ! $4.148B | |||
| Open | High | Low | Value | Volume |
| $5.70 | $5.78 | $5.69 | $1.341M | 234.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 24482 | $5.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.74 | 7085 | 13 |
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| Last trade - 13.35pm 01/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |