As a Chinese, I understand Chinese's mentality.
Chinese elites and professionals love to get top of the range / best of the best products at ANY cost, as long as the brand is reputable. There are 1.4 billions of Chinese. A2m only need to capture the heart of 0.1% of the 1.4 billions population for it to reach $10+ / share.
Chinese BELIEVE health supplements could promote their health, look at the share price of Blackmore...
IMO, A2M will be another 'Apple'. It is still in the growth phase and it will highly likely to grow exponentially.
It would be pretty silly for people to short this stock. The upside could be massive.
I will buy some more tomorrow, page-216
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Last
$6.85 |
Change
0.170(2.54%) |
Mkt cap ! $4.952B | |||
| Open | High | Low | Value | Volume |
| $6.73 | $6.89 | $6.73 | $10.55M | 1.548M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10450 | $6.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.89 | 10276 | 2 |
View Market Depth
| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |