Guys
I find it extraordinary that a stock which has lost just under 70% of its value from its peak, and which after deducting the value of its net assets per share from its current price (about $1.30 per share) and with a likely forward eps of 25 to 30cents a share is now trading on a pe of about 15 which is in effect a low or no growth multiplier and yet we still have 7% short shares on the register. The instos know they can simply push the price around at will. Its obscene and nothing to do with the long term prospects of the company.
Absolute Stock Manipulation
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Last
$6.59 |
Change
0.070(1.07%) |
Mkt cap ! $4.764B | |||
| Open | High | Low | Value | Volume |
| $6.56 | $6.67 | $6.55 | $10.14M | 1.534M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 13624 | $6.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.60 | 2000 | 1 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| A2M (ASX) Chart |