Exactly liay001. There are plenty of low PE, old market companies around in the resources space.
A2M is a food technology company which has taken many years to develop (and protected by patents and IP). It will have its own space in the biggest IF market in the world and its own milk/dairy space in many of the world's largest consuming dairy markets. The SP will demand a premium as they keep proving their business model, imho.
A2M $3 Party, page-317
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Last
$5.61 |
Change
-0.020(0.36%) |
Mkt cap ! $4.061B | |||
| Open | High | Low | Value | Volume |
| $5.69 | $5.74 | $5.60 | $10.03M | 1.776M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4199 | $5.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.64 | 2719 | 1 |
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| A2M (ASX) Chart |