If SM1 SP were to drop 50%, A2M would only drop maximum of 3%. In the scheme of things, SM1 is small change for A2M and as long as the partnership flourishes the SP should take care of itself.
45000MT is a decent ramp up. They are also acquiring another 12000MT for FY20, another SP kicker.
SM1 Result, page-9
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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 |