Understood. In my view it a dual edge sword. I have never adapted to reporting every 6 months. The other edge is that not many companies are trading with a pe north of 50 and current guidance is under the street forecast. The stock price has adjusted to a multiple over 70 to over 50.As long as were stable at 920,all good. Seems to me the market is willing to pay for growth Fb, amaz, Netflix, etc. since the release of the one page 900-920 which one brokerage firm described as a hiccup ( if that's in fact the case I believe we will break 1378. If it's more, the market will adjust the price accordingly. Just my view
Chart Update, page-635
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Last
$6.85 |
Change
-0.030(0.44%) |
Mkt cap ! $4.952B | |||
| Open | High | Low | Value | Volume |
| $6.93 | $6.98 | $6.83 | $10.27M | 1.490M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 18844 | $6.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.85 | 41602 | 1 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |