Guys just to show how absurd a proposition is the current a2 share price. The table below sets out A2's market cap, its net assets, its market cap less net assets, last years total sales, ratio of last years sales to net capitalisation, and what sales would need to be fall to to reach the industry average of net cap 4 times sales. Its absurd and its ridiculous. A2 is now trading at 1.47 times sales (less net assets) and would need for sales to drop to 447m from 1.206billion to be trading at 4 times net capitalisation. Use your brains, this isn't going to last.
Some total clarity
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 (20min delay)
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Last
$5.99 |
Change
0.080(1.35%) |
Mkt cap ! $4.330B | |||
| Open | High | Low | Value | Volume |
| $5.92 | $6.00 | $5.92 | $5.887M | 984.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 11978 | $5.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.00 | 30149 | 7 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$5.98 |
Change
0.080 ( 1.20 %) |
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| Open | High | Low | Volume | ||
| $5.93 | $6.00 | $5.93 | 2721094 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| A2M (ASX) Chart |