IMHO the CZZ situation is potentially applicable to A2M. For $8 to occur, IMHO A2M has to survive the market correction and come out of it to the upside, all possible.
Might depend on how the bots and signal based program trading react to a broad based sell off. If say dairy and agri producers are immune, a broad based market sell off could be a positive for A2M. Who knows?
We have never seen a market correction in a market so heavily dominated by computers and program traders.
$8 party, page-22
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Last
$6.23 |
Change
-0.090(1.42%) |
Mkt cap ! $4.510B | |||
| Open | High | Low | Value | Volume |
| $6.30 | $6.31 | $6.17 | $6.785M | 1.089M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5458 | $6.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.24 | 13490 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| A2M (ASX) Chart |