Quite a few insto's sold A2M in the run up to $1. Knowing insto's the way I do, I would say some are flighty birds and will come back in. I don't think insto's are the beginning & end of everything and if you read the financial pages of The Australian this morning, they are rapidly being replaced by SMSF. Briefly, there is a call to request companies to make presentations to groups of SMSF. I believe that when the market opens Monday morning that there will be some profit taking. I do hope so as I wish to stock up the larder & put a lock & key on it. I believe that eventually our company will have a market cap = to BAL. This would give us a share price of $1.67. This should be achieved by this time next year IMHO. Good fortune to all.
FY 2016 Updated Forecast, page-149
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Last
$5.91 |
Change
0.010(0.17%) |
Mkt cap ! $4.278B | |||
| Open | High | Low | Value | Volume |
| $6.03 | $6.07 | $5.90 | $11.65M | 1.965M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5500 | $5.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.91 | 2504 | 1 |
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| Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
| A2M (ASX) Chart |