One explanation is that institutions' research divisions run independently of their trading divisions. Trading divisions will make a buck any way they can. E.g. play trends.
Even if it is opposite to what their research division's quantified ( DCF + Enterprise Value) forecast price is.
And that what is happening to a2m now.
One explanation is that institutions' research divisions run...
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Last
$6.91 |
Change
0.040(0.58%) |
Mkt cap ! $4.995B | |||
| Open | High | Low | Value | Volume |
| $6.87 | $6.94 | $6.82 | $13.46M | 1.954M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8562 | $6.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.92 | 3312 | 2 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |