A2M 1.20% $6.56 the a2 milk company limited

Easy gain here

  1. 7,523 Posts.
    lightbulb Created with Sketch. 384
    Before announcement A2 was trading at 33.5x EBITDA.

    Today we find out sales will be $1.75b and EBITDA margins 200Bp higher than their last guidance.

    $1.75 x 200 Bp = $35m

    $35m x 33.5x = $1.2b

    $1.2b / 735m shares = $1.60 of gain per share if is trades on same value as yesterday.

    So today all else being equal, or if we had announced on a strong market day we should be trading at $Au19.90 or $NZ21.

    That's all before you give them any credit for being one of the only companies upgrading at moment.
 
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Last
$6.56
Change
-0.080(1.20%)
Mkt cap ! $4.756B
Open High Low Value Volume
$6.58 $6.61 $6.55 $2.083M 316.3K

Buyers (Bids)

No. Vol. Price($)
8 4151 $6.56
 

Sellers (Offers)

Price($) Vol. No.
$6.57 2276 4
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Last trade - 11.41am 08/08/2024 (20 minute delay) ?
A2M (ASX) Chart
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