I think most people that bought in the dip did so because it was the share that fell the most. Most people did not look at the reason why it dropped and plenty of sophisticated investors and talking heads stayed on the sidelines and wanted to see their report card in August to see how the BNPL stories are really traveling.
I initially bought into A2M at 50c but it was not making a profit at the time. I invest the remainder of our money after it turned a profit. It had plenty of COH but no debt at the time. The BNPL companies are in a explosive early growth stage like we once were but until they are cash flow positive they are a speculative play in my books. As a punt sure, but to put the bulk of your life savings into them at this stage would take more risk than I would be prepared to take on.
Good luck to them and in retrospect I wish I put some A2M money with them. Everytime you place money in a new company so early in their growth phase you increase your possible returns but with that comes great risk till later on until they prove their product and model works just like ours A2 only proposition did.
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Last
$6.77 |
Change
0.130(1.96%) |
Mkt cap ! $4.894B |
Open | High | Low | Value | Volume |
$6.63 | $6.77 | $6.63 | $10.00M | 1.485M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2420 | $6.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.77 | 37726 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 6.740 |
2 | 700 | 6.700 |
1 | 5009 | 6.680 |
1 | 12000 | 6.650 |
1 | 1130 | 6.640 |
Price($) | Vol. | No. |
---|---|---|
6.770 | 18339 | 2 |
6.780 | 500 | 1 |
6.790 | 3000 | 2 |
6.800 | 6054 | 6 |
6.810 | 600 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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