Given the uncertainty I can't disagree with you either. But for current holders there's a couple of reasons why we're staying put. Firstly, the new CEO is a massive plus. Given he's only been in the role for 6 months or so, he'll only get a better idea of things going forward. The strategy day in October should be fascinating.
Secondly, the company still has a popular brand in China and is has a big opportunity to leverage it through new products.
The third point, which isn't certain, is a T/O. It's not out of the question. Even if the share price dropped another 25% (although I don't believe it will given the points I'm making) a T/O would still be above today's price.
Given the uncertainty I can't disagree with you either. But for...
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Last
$6.77 |
Change
0.130(1.96%) |
Mkt cap ! $4.894B | |||
| Open | High | Low | Value | Volume |
| $6.63 | $6.77 | $6.63 | $10.00M | 1.485M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2420 | $6.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.77 | 37726 | 4 |
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| A2M (ASX) Chart |