People don't realise stocks will never go to infinity but a lot go to zero.
Not saying that a2m is going broke, far from it, but people underestimate how LOW share prices can go.
Buying lower and lower in the name of 'averaging down' (another phrase for idiocy) has ruined a lot of investors throughout history. Won't be the first, won't be the last.
Yawn, if people just followed the trend they would never go broke. Yawn.
T/O offer, page-149
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Last
$6.25 |
Change
0.510(8.89%) |
Mkt cap ! $4.525B | |||
| Open | High | Low | Value | Volume |
| $6.24 | $6.77 | $6.05 | $29.65M | 4.654M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 152106 | $6.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.00 | 370 | 1 |
View Market Depth
| Last trade - 11.20am 27/09/2024 (20 minute delay) ? |
| A2M (ASX) Chart |