Thought id chip in my 2c
Ebenezer your logic is built off announcements. Share price shot up from $1 to $2.3. Wouldnt logic dictate if you confirm the guidance the share price should at least be 2.3?
Afterall money in the bag is worth more than expected amounts.
In saying that i expect a2m to announce the following:
1) they will slightly overachieve their revenue for HY to dec31
2) the FY16 revenue will be a higher than prev forcast due to increase in price
3) FY17 will be even higher due to a full year effect of price
If they hint 3) based on current assumptions of sales that will be the trigger to high share price.
In saying that i only expect the share price to reach 2.3 before falling down to 2.
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Thought id chip in my 2c Ebenezer your logic is built off...
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