There has been a huge volume of shares since before Christmas Someone is 'soaking ' a large volume with out a substantial shareholder announcement must be - hiding behind a number of nominees. Looking back over the substantial notices the changes tells a story. There have been a number of investment funds that sold before A$1.00
The real story is the price that FNP sold A2M around 80c? - they could have doubled their money by holding on a little longer.
At this time A2M is a very difficult company to value - there will be many views on it value.
What has not been mentioned is the move by China from the beginning of 2016 to allow two children per family in urban areas - what will this do to demand for ' Baby Milk' substitutes.
There has been a huge volume of shares since before Christmas...
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Last
$6.70 |
Change
0.110(1.67%) |
Mkt cap ! $4.843B | |||
| Open | High | Low | Value | Volume |
| $6.64 | $6.77 | $6.64 | $12.36M | 1.844M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10812 | $6.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.70 | 12740 | 3 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |