I have to agree with you niclaire. I'm not too worried about short term SP as most stocks are feeling the pinch and A2M is struggling to hold any gains for long like most stocks. I'm also reasonably happy with the position of the company. However I'm not sure that the Feb 17 ann will change things as much as people think. Sure I'm expecting it to be positive and we should have a few days (hopefully a week) in the green but I think expectations should be a little more conservative in the current market.
Like you I am also struggling to find concrete evidence on plans for A2 to increase production which isn't too much of a problem in the short term however with Blackmores coming into the baby/infant formula market it will become a concern if they do not announce plans at some stage otherwise I'm sure that demand will be met by competitors in the medium term.
I have to agree with you niclaire. I'm not too worried about...
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Last
$5.61 |
Change
-0.020(0.36%) |
Mkt cap ! $4.061B | |||
| Open | High | Low | Value | Volume |
| $5.69 | $5.74 | $5.60 | $10.03M | 1.776M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4199 | $5.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.64 | 2719 | 1 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| A2M (ASX) Chart |