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.
BAL announcement has shown that revenue and profits are below...
Add A2M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.66 |
Change
-0.110(1.62%) |
Mkt cap ! $4.814B | |||
| Open | High | Low | Value | Volume |
| $6.70 | $6.70 | $6.62 | $6.694M | 1.005M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4715 | $6.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.66 | 1719 | 1 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |