Market was in panic mode considering the term used by media "A2's request fails, knocked off instead of deferred. once they digest this news and come to senses that there is a positive news (first time no further downgrade) within 12 business days It will slowly go back to 5+. There is no denying that management was not proactive, they did it with half heartedly and then it was subject to stock availability. IMO it will be interesting to see their US strategy in the result ann. It can't go bad from here. Even today there are $100k+ buyers bought A2 above 4.70. I am assuming they know it will rise back close to the results or on results day.
Market was in panic mode considering the term used by media...
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Last
$6.13 |
Change
0.070(1.16%) |
Mkt cap ! $4.431B | |||
| Open | High | Low | Value | Volume |
| $6.06 | $6.13 | $6.04 | $8.538M | 1.400M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $6.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.13 | 29909 | 5 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$6.10 |
Change
0.070 ( 0.58 %) |
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| Open | High | Low | Volume | ||
| $6.08 | $6.11 | $6.03 | 348783 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| A2M (ASX) Chart |