I would say it can run to 20 with relative ease but I think it will be weeks before we can hit the likes of $22 (if it happens at all). $22 was my PT for March 31 2021 so I would definitely sell down and lock in some gains if it got there more than 8 months before I expected it to.
Ofcourse as usual there are potential announcements that could see the SP spike up but I had been looking forward to them for years and have given up now. These include new products with Fonterra, new products to existing markets or new markets and a purchase (including hopefully a strategic partnership) with the pile of money they're sitting on. The most likely announcement however is just a revenue beat (with China contributing mostly to the revenue increase).
Chart Update, page-11985
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$6.45 |
Change
-0.010(0.15%) |
Mkt cap ! $4.669B | |||
| Open | High | Low | Value | Volume |
| $6.46 | $6.49 | $6.42 | $9.613M | 1.489M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1779 | $6.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.46 | 11650 | 2 |
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| A2M (ASX) Chart |