This run up was always going to happen, shorts covering before FY results, I exspect a rather upbeat turn around report, enormous MB store growth in China with improved distribution tracking system, irrespective of what will be a failed TO attempt.
No way the Chinese will let the Swiss take this vital infant formula supply business into China in the future, share holders and management will stop it regardless of what price is offered.
Chart Update, page-21594
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Last
$6.24 |
Change
-0.010(0.16%) |
Mkt cap ! $4.517B | |||
| Open | High | Low | Value | Volume |
| $6.24 | $6.37 | $6.17 | $22.92M | 3.661M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45332 | $6.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.28 | 9001 | 4 |
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| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| A2M (ASX) Chart |