They have excess stock because the CFO said if they don't sell it they will destroy it to restrict supply and preserve price. Also balance sheet inventories are high so I am sure this is a2m stock not daigou stock.
A2m could only raise a provision on stock they own.
Takeover??, page-47
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Last
$6.23 |
Change
-0.090(1.42%) |
Mkt cap ! $4.510B | |||
| Open | High | Low | Value | Volume |
| $6.30 | $6.31 | $6.17 | $6.785M | 1.089M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5458 | $6.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.24 | 13490 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| A2M (ASX) Chart |