What I haven’t figured out yet is even though the share price has appreciated over a $1 in the last 2 weeks, the shorting of the stock has has also increased to reach 7% today or 51 million shares.
There seems to be 2 camps here fighting it out right at the moment. If the August results achieves consensus for FY 21 with a relatively positive outlook for FY 22 and beyond, this will rocket the stock up to $10, just with short covering alone.
I liked today’s announcement where they mentioned emerging markets, I think the CEO will be outlining their new strategy to target growth in these countries.
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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. |
---|---|---|
$5.72 | 1701 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 5.700 |
5 | 15820 | 5.690 |
6 | 11574 | 5.680 |
4 | 30527 | 5.670 |
2 | 6426 | 5.660 |
Price($) | Vol. | No. |
---|---|---|
5.720 | 1500 | 1 |
5.740 | 8252 | 2 |
5.750 | 14687 | 4 |
5.760 | 18326 | 2 |
5.770 | 15307 | 3 |
Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
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A2M (ASX) Chart |