BAL announcement has shown that revenue and profits are below expectations, but they still have a strong revenue, confirmed again. I believe that the anticipated news about further slowdown in IF sales was surrounding A2M, but that is no longer a threat to A2M, so many people loaded up today with A2M, the smart ones did that in few minutes of BAL's market update.
Apart from a court case, there's nothing stopping A2M now, and also many people are anticipating this stock to have enough steam left for next 3-5 years. Dividends is also on the cards this year.
Looks like A2M has claimed the podium and BAL is also in the race.
Overall this indicates that there isn't a slowdown in China.
Friday the 13th, page-6
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Last
$6.85 |
Change
-0.060(0.87%) |
Mkt cap ! $4.952B | |||
| Open | High | Low | Value | Volume |
| $6.83 | $6.87 | $6.78 | $8.532M | 1.250M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2151 | $6.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.85 | 27162 | 5 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |