I would say the sales update would have been taken into account at 7.50+... but even then it depends on the numbers. At current levels the company is assumed to have less than 200m for first 4 months I would say. Could easily jump up huge from these levels if the numbers in my model come to fruition from the indicated annualized sales.
Ongoing dividend has been talked about for a while and was mention last agm from memory. I think company will pay a special one and then start a normal div program.
By sitting out here you are going to forego a lot of profits (if you are not in by the agm). That’s my view anyways.
Chart update, page-5980
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Last
$7.01 |
Change
0.290(4.32%) |
Mkt cap ! $5.067B | |||
| Open | High | Low | Value | Volume |
| $6.83 | $7.12 | $6.81 | $26.19M | 3.735M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $7.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.02 | 28521 | 7 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |