A2M's addressable market is really only tier 1 cities as the premium price that it sells at is beyond the reach of consumers in other tiers. The runway for growth in China isn't as big as some people would have you believe. How many of those 120k odd MBS stores are in locations where it would be almost impossible to sell the product? It'd be like trying to sell a Ferrari in a suburb of housing commissions.
A2M likely takeover target of Chinese company, page-29
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Last
$6.85 |
Change
-0.060(0.87%) |
Mkt cap ! $4.952B | |||
| Open | High | Low | Value | Volume |
| $6.83 | $6.87 | $6.78 | $8.532M | 1.250M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2151 | $6.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.85 | 27162 | 5 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |