Let's just give back the cash to all the shareholders and if the Bright/A2M SM1 transaction does not go ahead and SM1 is placed into liquidation, we will be running to the market for money to buy out the plant that holds the China label license. What a wise idea! That will put us in the best light before the market.
Planning ahead - lets drain our financial resources so we can't support the market entry into the USA which may involve acquiring canning plants etc - we will just go to the market and borrow some money then but at least Investbest92 will have $$$ to spend.
As hard as it may be right now - this company has real growth options. They involve deploying capital. The company operates in regulated markets ie FDA approval required, so the deployment of cash on a new canning facility etc cannot be done until the FDA approval is granted.
In summary CASH = GROWTH. NO CASH = NO GROWTH.
Let's just give back the cash to all the shareholders and if the...
Add A2M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.55 |
Change
0.015(0.27%) |
Mkt cap ! $3.989B | |||
| Open | High | Low | Value | Volume |
| $5.47 | $5.55 | $5.43 | $3.755M | 685.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 17420 | $5.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.55 | 4328 | 5 |
View Market Depth
| Last trade - 14.09pm 04/09/2024 (20 minute delay) ? |
| A2M (ASX) Chart |