All recent support levels have now been broken. Next support level is $3.60 from way back in Jul 2017.
I feel for holders carrying the bag on this one. This is a good example of a company where the market changed. Once daigous were done and dusted, it was always going to be a slog to grow the business. You can complain about management as much as you like, but it's a lot of work trying to grow a business in China. China is the only playground that A2 has a chance. They failed miserably in the UK and US is heading in the same direction unable to make a profit or if it ever does slim profits, IMO.
All recent support levels have now been broken. Next support...
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Last
$6.25 |
Change
0.510(8.89%) |
Mkt cap ! $4.525B | |||
| Open | High | Low | Value | Volume |
| $6.24 | $6.77 | $6.05 | $29.65M | 4.654M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 152106 | $6.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.00 | 370 | 1 |
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| Last trade - 11.20am 27/09/2024 (20 minute delay) ? |
| A2M (ASX) Chart |