Can everybody hold up a second? I'm sorry for being a newbie, but yea, today I found out that A2M, being dual listed, means its worth its market caps of ASX and NXSE combined. Wow. So right now it's worth around as much as Bellamy's. Or more.
I started trading this stock at 0.65, believing it was worth as much as BAL, and thus believing it should hit $3 dollars. But right now I just realized, it HAS reached Bellamy's worth.
I don't think the share price/market cap will go below this. IMO this is where the bottom line is. But the question is, WILL THE MARKET CAP GO UP BEYOND BAL? I'm not sure myself so I'm asking you guys for opinions and breakdown of analyses. No mad scramble of blind loyalty, let's understand if the February report and March entry into ASX300 have already been factored into today's SP.
$3 by H1 ann in Feb, page-69
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Last
$6.81 |
Change
-0.100(1.45%) |
Mkt cap ! $4.937B | |||
| Open | High | Low | Value | Volume |
| $6.83 | $6.87 | $6.78 | $4.402M | 647.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 7013 | $6.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.82 | 4236 | 16 |
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| Last trade - 15.06pm 19/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |