GI, The thing is if we are right and there is Asia money entering A2M , IMO it will stick for a little longer than one would anticipate, as such offering absorption on any downward move and at the very least hanging in there until more tangible evidence surfaces on capacity uplift A2M can deliver to meet unprecedented demand. The other factor is that A2M management may well sacrifice peripheral products supply pending margin/demand ie yogurt & ice cream to channel more milk product input to infant formula scale up (Synlait does offer A2M the maufacturing base to pump out more powder if A2M decides this is the way to go). I just feel that strength and recent volume in move up, will take more than high PE to warrant major retrace.....IMO this will come (if it does) when A2M management brings out next material news either confirming continued growth ie supporting current price uplift & PE on forward outlook basis or negative news....my view is up and yours is down......that's a market, look forward to Tuesday![]()
- Forums
- ASX - By Stock
- CEO sells 1 Million Shares on market.
GI, The thing is if we are right and there is Asia money...
Featured News
Add A2M (ASX) to my watchlist
|
|||||
Last
$6.88 |
Change
0.060(0.88%) |
Mkt cap ! $4.973B |
Open | High | Low | Value | Volume |
$6.87 | $6.93 | $6.83 | $8.512M | 1.235M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1471 | $6.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.89 | 770 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1471 | 6.880 |
1 | 2490 | 6.870 |
3 | 8259 | 6.860 |
1 | 5036 | 6.850 |
2 | 7961 | 6.840 |
Price($) | Vol. | No. |
---|---|---|
6.900 | 3200 | 2 |
6.910 | 9774 | 4 |
6.920 | 32036 | 5 |
6.930 | 5036 | 2 |
6.950 | 4350 | 5 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
Featured News
A2M (ASX) Chart |