I am not sure if A2M will announce a share buyback now ? Last year they announced this in conjunction with the annual financial reporting and now claim (as they have previously done) that these funds are earmarked for future M&A's .... whether this materialises is another thing but they obviously have plans of some sort ?
I still think Abbott might be looking at A2M ..... why ?
1. A2M have $750 million in the bank
2. A2M have circa a 20% Shareholding in Synlait who is now producing their new product
3. Abbott's IF withdrawal from China must be hurting profits
4. A2M's increased footprint in China
5. A2M's increased USA footprint now including IF so it would be easy for Abbott to lobby FDA for permanent approval if they takeover A2M
There are a few more reasons but I believe these would be the main ones
GLTAH
![]()
- Forums
- ASX - By Stock
- A2M
- Ann: Change in substantial holding
Ann: Change in substantial holding, page-6
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add A2M (ASX) to my watchlist
|
|||||
Last
$6.82 |
Change
-0.060(0.87%) |
Mkt cap ! $4.944B |
Open | High | Low | Value | Volume |
$6.90 | $6.90 | $6.82 | $2.578M | 376.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 9484 | $6.82 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.83 | 17826 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 18296 | 6.820 |
18 | 28207 | 6.810 |
19 | 53476 | 6.800 |
9 | 7239 | 6.790 |
8 | 81846 | 6.780 |
Price($) | Vol. | No. |
---|---|---|
6.830 | 19719 | 24 |
6.840 | 21498 | 17 |
6.850 | 29852 | 18 |
6.860 | 31652 | 14 |
6.870 | 11533 | 12 |
Last trade - 12.58pm 12/07/2024 (20 minute delay) ? |
Featured News
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
TLX
Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug
A2M (ASX) Chart |