Not necessarily
If the company can achieve and continue double digit revenue growth, they will be spoilt with an option to implement a share buyback year on year - inflated share prices can be achieved.
My long term CSL holdings is a perfect example of how management can achieve year on year share price appreciation.
Also takeover bids can adjust the SP to the premium takover bid.
There are more ways to skin a cat
Not necessarily If the company can achieve and continue double...
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Last
$6.84 |
Change
-0.015(0.22%) |
Mkt cap ! $4.941B | |||
| Open | High | Low | Value | Volume |
| $6.88 | $6.90 | $6.78 | $3.124M | 457.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 10081 | $6.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.84 | 6144 | 11 |
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| Last trade - 13.46pm 16/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |