Yikes, I just read the results and that is one seriously bad report. The outlook for FY22 is almost as bad as FY21. Those hoping for a positive outlook are going to be disappointed. All markets segments to continue performing poorly. I'd say it's safe to say that A2M will be taken off the radar as a takeover target at the current share price given the premium it would need to pay above current valuation. It might come on the takeover target radar at around $4, but certainly not at $7.
My guess for share price today is sub $6. If the market was being honest with the true position of the company, it should really be sub $5.
Yikes, I just read the results and that is one seriously bad...
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Last
$4.92 |
Change
0.110(2.29%) |
Mkt cap ! $3.562B | |||
| Open | High | Low | Value | Volume |
| $4.82 | $4.94 | $4.79 | $10.09M | 2.061M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $4.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.92 | 23558 | 2 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |