Now that A2M has zoomed past $1, it's only going to hit more headlines and more and more mums and dads will start pouring in. I believe that there's a new dynamism in the stock that we shall see from today onwards. Gone are the days whereby the average trading volume is <500,000. There's a lot going on for this company, amongst them include (non exhaustive):
1. Massive growth in infant formula product
2. New big shareholders (which may have takeover intentions at the end)
3. USA and UK markets picking up and getting to be profitable
4. China market getting profitable this year.
5. Expansion into other product categories, UHT, Ice-cream, Infant Milk (in UK and USA).
All the above will just help the company to increase earnings, and set the stage for us shareholders to move towards $1.50 within the next 3-6 months horizon. (I really do hope I've sold my investment property to invest in A2M back when it was in the 60s now...)
Now that A2M has zoomed past $1, it's only going to hit more...
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Last
$6.24 |
Change
0.070(1.13%) |
Mkt cap ! $4.511B | |||
| Open | High | Low | Value | Volume |
| $6.22 | $6.24 | $6.18 | $7.122M | 1.146M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 9758 | $6.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.25 | 34490 | 12 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
$6.23 |
Change
0.070 ( 0.48 %) |
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| Open | High | Low | Volume | ||
| $6.20 | $6.24 | $6.19 | 316801 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| A2M (ASX) Chart |