So again I ask how muchconfidence do investors have that A2 will meet this new guidance?
AsI stated before, it is much better to under promise and over deliver to breakthe downgrade cycle and give potential investors the confidence to purchasethe stock.
Issuingone massive downgrade is better than continuously issuing downgrades every tradingupdate.
Otherwisethe share price will just stay depressed until the next trading update.
Hopefullymanagement has learnt a lesson after 4 downgrades but I'm not so sure.
$5 Funeral, page-61
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Last
$6.85 |
Change
-0.030(0.44%) |
Mkt cap ! $4.952B | |||
| Open | High | Low | Value | Volume |
| $6.93 | $6.98 | $6.83 | $10.27M | 1.490M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 18844 | $6.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.85 | 41602 | 1 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |