Hard to say. I mean one can argue it’s a buy. Business model is still working imo, and it can recover.
But I think taking the guidance into account, and perhaps some safety margin for more bad news/unexpected events, there is room for it to drop more. Let’s say a couple more days (if she does it in a row).
Whether buying here or lower, I think one must be prepared to hold long-term, and tolerate some bumpy SP.
Ann: Updated 1H21 and FY21 guidance, page-95
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Last
$5.40 |
Change
-0.060(1.10%) |
Mkt cap ! $3.909B | |||
| Open | High | Low | Value | Volume |
| $5.45 | $5.45 | $5.32 | $21.75M | 4.049M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 186 | $5.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.41 | 17905 | 3 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| A2M (ASX) Chart |