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.
- Forums
- ASX - By Stock
- Guessing 26/8 A2M movement
Yikes, I just read the results and that is one seriously bad...
-
- There are more pages in this discussion • 51 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
CXO
Core Lithium narrowly beats guidance on FY24 spodumene production but 1Y returns still shattered
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
Add A2M (ASX) to my watchlist
|
|||||
Last
$6.88 |
Change
0.060(0.88%) |
Mkt cap ! $4.973B |
Open | High | Low | Value | Volume |
$6.87 | $6.93 | $6.83 | $8.512M | 1.235M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1471 | $6.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.89 | 770 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1471 | 6.880 |
1 | 2490 | 6.870 |
3 | 8259 | 6.860 |
1 | 5036 | 6.850 |
2 | 7961 | 6.840 |
Price($) | Vol. | No. |
---|---|---|
6.900 | 3200 | 2 |
6.910 | 9774 | 4 |
6.920 | 32036 | 5 |
6.930 | 5036 | 2 |
6.950 | 4350 | 5 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
Featured News
A2M (ASX) Chart |