why is everyone focused on today's share price action?
In my last post I asked the question if our share price ( which has been swimming against the tide for months) if we would be trading in this range if Jayne was still at the helm?
I suggested we're putting a lot of faith in Geoff and this morning he more than delivered and rewarded our faith.
Dow had lost over 1100 pt in 2 days, growth stocks slaughtered last night, asx futures way down.
Whatever we do today( I suspect we will at least be in the 19 range ) is irrelevant. If and when the global recovery begins, Geoff has outline a roadmap to first a 21 dollar share price, then ill calculate next price target
This is one of the great stories investors dream about.
my humble suggestion, enjoy the ride up. Geoff just placed a put on the downside which only leaves one direction.
Simply remarkable. The currency arbitrage is icing on the cake.
If anyone has broker comments on the announcement or articles written can u please share ?
H
Ann: Trading update & FY20 Outlook, page-20
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Last
$6.67 |
Change
-0.120(1.77%) |
Mkt cap ! $4.821B | |||
| Open | High | Low | Value | Volume |
| $6.74 | $6.80 | $6.67 | $17.48M | 2.608M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 9928 | $6.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.72 | 9929 | 3 |
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| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |