Give it time it'll hit $1.50 and lower, P & D games normally...

Give it time it'll hit $1.50 and lower, P & D games normally won't repeat third time after double top

Lots of share holders' money being trapped for months and no punters want to become cannon fodder to push the price back

The following is the FA analysis based on the last 2016 H1 report:

The half year NPAT 2016 H1 was 10m

Shares on issue was 706m and still increasing with more shares allocated to employees with zero price, and more options converted to new shares so more and more shares dilution

EPS = 10 x 2 / 706 = $0.028
current P/E = 1.65 / 0.028 = 58.9
Reasonable P/E for growth companies is 30 so the reasonable price is 0.028 x 30 = $0.84
But because of the high expectations it has we give it a 150% premium assuming the 2016 H2 will be 200% better than H1, that's $0.84 x 1.5 = $1.26

Wow that's even lower than the $1.3 - $1.5 buying zone

If their China market gets impacted by crackdown on grey channels and the expansion to US run out of money the sp would be ... back to 40c ?

The import regulation changes are likely to happen this month, and their US expansion progress is still uncertain, whether the current high PE would be supported by the continuous growing or not is still in question. But look at BAL even the growth slows down a bit its sp fell from $16 to $10, if the same scenario happens to A2M the price might go down to $1