Good to see Coppo still backing A2M as his number 2 pick for 2019 as he is very bearish (like myself) on anything property related on the stock market, due to the rising risk of the Australian property downturn turning ugly.
The Australian property market could potentially turn out to be a long and painful correction due to the looming credit crunch and the insane debt to wages earnings ratio (compared to historical averages) that could even trigger a recession at the end of 2019 should things get too severe.
However, I am still more than happy to hold onto my A2M shares for the long term, as I truly believe the demand/growth opportunities from overseas in China/US and other markets will continue regardlessly for this product as global public awareness builds on the science behind it.
Also, it is reassuring to hold this stock with it being in the more defensive category of food that people still have to buy in good times or bad times versus other shares being in the discretionary expenditure category.
GLTA to all LT SHs & please DYOR!
Good to see Coppo still backing A2M as his number 2 pick for...
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Last
$6.00 |
Change
0.085(1.44%) |
Mkt cap ! $4.319B | |||
| Open | High | Low | Value | Volume |
| $5.92 | $6.00 | $5.92 | $2.434M | 408.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 8954 | $5.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.00 | 57192 | 21 |
View Market Depth
| Last trade - 15.17pm 03/05/2024 (20 minute delay) ? |
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Last
$6.00 |
Change
0.085 ( 1.46 %) |
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| Open | High | Low | Volume | ||
| $5.93 | $6.00 | $5.93 | 2686342 | ||
| Last updated 15.32pm 03/05/2024 ? | |||||
| A2M (ASX) Chart |