If your logic is that AT1 can never reach a global size, just because it started life as a 40c stock - I would say to you that every ASX company has the potential to reach any higher level, regardless of where it starts. It depends how long it will take, the mgmt vision, being right place/right time/right product, heaps of work + luck and of course a company has to plug away forever making the right moves, repeatedly.
Will AT1 reach RMD size ever? No one knows...its just a long term aspiration goal that AT1 CEO mentioned (considering he came from RMD he should know how hard it is to get big, right?)..so we don't need to get hung up on this. Reaching 52wk high SP (again) is a big enough AT1 hill for now
Btw, if I recall past research correctly, RMD listed on ASX on 1999 for 82c , couple years later was at 2.92+, fell back, climbed the hill to 3+ several years later, fell again, climbed again, over and over to what it is today. APT/A2M/TSLA etc are bigger than RMD and none of them took 20yrs...and of course heaps of stocks aspire to such lofty heights and never reach even a fraction of it....we will need to check back in a few years to see AT1's story.
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