A2M has a product that relies on consumers to choose a premium product. Any sniff of market troubles and we fall as consumers want to preserve their cash.
Why are the shorters building despite the share price dropping well below its annual average?
We all know something is not right when:
- CEO sells all shares and says everything is fine
- CEO expects no sales risk but won't confirm it
- shorters rise daily
- Q1 sales update lacks concrete figures
- Australia market share holds when BAL is suffering
Like I said, shorting A2M appears the safer bet come AGM date and H1 results day.
Media Updates, page-180
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Last
$6.64 |
Change
-0.110(1.63%) |
Mkt cap ! $4.800B | |||
| Open | High | Low | Value | Volume |
| $6.73 | $6.73 | $6.59 | $9.976M | 1.499M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 37684 | $6.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.65 | 1001 | 1 |
View Market Depth
| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| A2M (ASX) Chart |