Mistype - should be NZX10.
So, let's dig into that, since you brought it up.
A2m is currently $6.78B and in 6th on the NZX10. Bottom of the NZX10 is Infratil with a market cap of $5.21B. Number 11 and 12 spots are AMP with a market cap of $5.09B and POT with a market cap of $4.97B. Funny, as one of those companies just released a report today headed: "POT Reports Improved Profits".
A2M will reach a $5.0B market cap and be in real trouble with a share price in the high $6's. If it gets that low, it could get even worse as fund start offloading and rebalancing.
Not saying it will happen, but anything is possible with this company on multiple downgrades (and a possible 4th incoming with writedowns attached).
Shows why you shouldn't buy falling knives, quadruple-down or try to second guess the market, because just when you think it can't get worse, IT WILL!
Mistype - should be NZX10.So, let's dig into that, since you...
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Last
$5.95 |
Change
-0.025(0.42%) |
Mkt cap ! $4.315B | |||
| Open | High | Low | Value | Volume |
| $5.96 | $6.00 | $5.94 | $625.4K | 105.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 17792 | $5.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.95 | 7521 | 18 |
View Market Depth
| Last trade - 10.28am 02/05/2024 (20 minute delay) ? |
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Last
$5.90 |
Change
-0.025 ( 1.30 %) |
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| Open | High | Low | Volume | ||
| $5.97 | $5.99 | $5.87 | 158892 | ||
| Last updated 10.47am 02/05/2024 ? | |||||
| A2M (ASX) Chart |