And that's what exactly A2m did. This acquisition will pay future dividends by increasing manufacturing capacity , improving margin, ability to meet rising A2M IF demand etc . Just because it's not paying cash right now does not mean it's bad purchase. For me it's right strategic move
i would be against acquisition if mgmt didn't prove themselves in past so I am onboard with this
By January probably 900m in the bank AFTER Mataura and still no dividend- inexcusable!, page-39
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Last
$5.90 |
Change
-0.090(1.50%) |
Mkt cap ! $4.271B | |||
| Open | High | Low | Value | Volume |
| $5.96 | $5.97 | $5.86 | $19.03M | 3.213M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4800 | $5.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.91 | 29913 | 3 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| A2M (ASX) Chart |