This is great news for BAL longer term but in the medium term great news for A2.
BAL has not received SAMR for existing products but rather for a new range that won't be released for MONTHS.
The longer BAL is out of the market A2 will be so far ahead that it will take them years to catch up.
A2 rallying on news as smart investors know this. Shorts will be getting set in BAL before next result which is probably going to disappoint again.
BAL announcement
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Last
$6.85 |
Change
0.170(2.54%) |
Mkt cap ! $4.952B | |||
| Open | High | Low | Value | Volume |
| $6.73 | $6.89 | $6.73 | $10.55M | 1.548M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10450 | $6.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.89 | 10276 | 2 |
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| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |