I guess at $10 this one is 20 P/E so happy to hold at this level. As pointed out historical PE was 30 for A2 so 50% up potential on L4L basis just a change of sentiment. Obviously as the daigou temporary issue is resolved it will go ballistic with the growth trajectory gaining gradually momentum+new CEO will have to shot some bullets, shall he? I reckon the borders would reopen on a country incremental bubble basis and China is in a lot better space than EU and US in terms of COVID. I have a colleague relocating on a temporary visa from Beijing and landed ten days ago here in WA. China coudl be part of an APAC travel bubble. It could be a good test to re build the commercial relationship with China as Scomo understand the importance of it and will be a lot easier for him with Trumpet gone.
I guess at $10 this one is 20 P/E so happy to hold at this...
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Last
$4.81 |
Change
-0.090(1.84%) |
Mkt cap ! $3.482B | |||
| Open | High | Low | Value | Volume |
| $4.92 | $4.95 | $4.80 | $8.716M | 1.802M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10795 | $4.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.83 | 5662 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |