I revise my $3 call.
I'm calling that by September it will go into administration, with the lingering debt - I don't see share holders getting anything. (secure creditors get paid first then unsecured).
it's done.
it will be made into an example by China then Australia on the importance of not being dependent on China.
I have executed successful PUTs on A2M and I was looking to buy on any signs of upside... I cannot see anything changing for this stock... I truly believe it will file for bankruptcy around November/ December.
Chart Update, page-17750
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Last
$6.88 |
Change
0.000(0.00%) |
Mkt cap ! $4.973B | |||
| Open | High | Low | Value | Volume |
| $6.90 | $6.90 | $6.80 | $7.266M | 1.060M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12501 | $6.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.88 | 33092 | 3 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |