I have doubts if we would see another downgrade. Situation for this half is not worse than last half in any consideration. Worldwide lockdown started from April. Everything was oversold for next 2 months. A2 had good 2nd half for 2019-20. So whatever we saw in last half for A2 was probably realistic figure. With vaccines and little more freedom for movement - this half would be at least equal or better.
Besides, as every analyst is saying about upcoming downgrade, you can assume that it would not happen. Whatever they say, you need to do the opposite.
I started investigating in A2 since 0.86. Sold everything at 2.65 believing their analysis. That was my biggest mistake in ASX. So stopped believing those analysis. Came back at 5.10 and held until 18.52. Accumulating for last 3 weeks. It would be another 2-3 years journey again. SP would NOT certainly go up in next 6 months.
No need to be worried if you are an investor. For traders ...
I have doubts if we would see another downgrade. Situation for...
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Last
$6.59 |
Change
-0.050(0.75%) |
Mkt cap ! $4.764B | |||
| Open | High | Low | Value | Volume |
| $6.61 | $6.66 | $6.58 | $11.55M | 1.749M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 15323 | $6.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.60 | 2000 | 1 |
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| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| A2M (ASX) Chart |