and this is the right thing that A2M is doing, by reallocating products from low margin area ($28) to high margin area($80), I would be worried with the lower than expected SM1 forecast if A2M hadnt already started doing this.
I know some people will bring up the security of supply to local mums theory. but in the eye of a commercial multinational company, this is the right thing to do for the business and its shareholders.
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SM1 Result, page-43
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Last
$6.88 |
Change
0.000(0.00%) |
Mkt cap ! $4.973B | |||
| Open | High | Low | Value | Volume |
| $6.90 | $6.90 | $6.80 | $7.266M | 1.060M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12501 | $6.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.88 | 33092 | 3 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |