Think also if China sales lose growth because of falling gross domestic product (as a result of trade wars) A2M can simply refocus on economies that are growing e.g. USA. A turn around in USA results will have a significant positive impact for A2M.
A2M will evetually have such a large global reach if one economy does not grow, then sales will be pushed in other growing economies. I.E. multi country distribution using multi channels.
Last time I looked A2M still made most of its profit in Australia and NZ.
Chart Update, page-2079
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Last
$5.71 |
Change
-0.060(1.04%) |
Mkt cap ! $4.134B | |||
| Open | High | Low | Value | Volume |
| $5.70 | $5.78 | $5.69 | $6.339M | 1.108M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $5.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.72 | 1701 | 2 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |