All this tells me is that A2M aren't charging enough for the product. If the demand is so high why don't they bump up the price and hence the return to share holders? Or is the simple Supply-Demand theory not part of their strategy?
I was taught that squeezing out every bit of economic rent you can from the product/service you offer is the strategy to follow. Or is this inconsistent with their longer term strategy?
Chart Update, page-127
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Last
$6.70 |
Change
0.110(1.67%) |
Mkt cap ! $4.843B | |||
| Open | High | Low | Value | Volume |
| $6.64 | $6.77 | $6.64 | $12.36M | 1.844M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10812 | $6.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.70 | 12740 | 3 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |