Earnings per share (EPS) forecast for year ending 30 June 2025 is about .26 cents.
.26 / 6.00 = 4.3%.
So if you pay $ 6.00 for a share you get 4.3 % return. If you pay more than $ 6.00 your return is less than 4.3%.
Hopefully next week a2m will report EPS for the 6 months to 12/2024 that will indicate the annual forecast of .26 will be improved to say .28 - .30.
If they don't report improved EPS then the share price will struggle again and range trade, driven by algos range trading prices delivering a return to them between 4% - 5%. Ie range trading $5.20 - $6.50. I don't think this is stock manipulation, its just trading within defined parameters that provide realistic returns.
All things considered I think A2m management are doing OK.
A2M Price at posting:
$5.94 Sentiment: Hold Disclosure: Held
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