On a positive note, China sales are very promising despite supply not meeting the demand.
When we get more production capacity, A2M will re-rate fast. The demand is there, however supply is not capturing all possible sales.
I have a good feeling that AGM sales will exceed prior year by 30%-40%. China growth has been insatiable.
I hope management has a trump card, e.g. supply solution, expansion to another country (Canada) or an acquisition.
5 trading days to go. Either we re-rate to $12 or plummet to $8. I hope for the former.
Singles day now 200-300% growth on last year!, page-70
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Last
$5.73 |
Change
-0.010(0.17%) |
Mkt cap ! $4.148B | |||
| Open | High | Low | Value | Volume |
| $5.74 | $5.78 | $5.70 | $10.10M | 1.760M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 8889 | $5.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.75 | 927 | 1 |
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| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| A2M (ASX) Chart |