Agree. A2M spent money in response to the pending tightening regulations. Latter would have winnowed out some competitors/players too. Indefinite delay should certainly not be a reason for A2M's SP to rise as all players benefit viz. Chinese consumers, middlemen, and IF sellers worldwide.
On NZX ATM has opened at $2.73. The trading range viz bids and offers, as set by the powerful for the plebs like me, has been set higher each day recently. There is usually an initial reluctance to bite when the NZX first opens, but then the retail investor appears to fall in with the behaviour desired of them.
I confess to being quickly in and out between 9 and 15th of March for my pennysworth, without any conviction; as usual, my timing not the best. I am sure all you LT holders will get the full cream with the announcement you are all expecting. I am probably showing myself as being too cautious, but I simply am wary of being railroaded.
Agree. A2M spent money in response to the pending tightening...
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Last
$5.40 |
Change
-0.060(1.10%) |
Mkt cap ! $3.909B | |||
| Open | High | Low | Value | Volume |
| $5.45 | $5.45 | $5.32 | $21.75M | 4.049M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 186 | $5.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.41 | 17905 | 3 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| A2M (ASX) Chart |