I think someone internally at A2M is likely in big trouble. As I said last week the trading halt announcement seemed to have ‘panic’ written all over it. It didn’t even leave the big guns time to get out. Something went wrong, we don’t know what, but I’d do get the sense that it might have surprised management too. If it wasn’t a surprise then A2 may need to be investigated for their actions around continuous disclosure. Shareholders deserve a better explanation around events and timelines! As Hoots said we are yet to determine if this is still a falling knife or if we have bottomed. That crystal ball full of answers is still in Santa’s sleigh. I hoping A2 will release more announcements with explanations this week. In all the years that I have been a holder I have felt the company has always acted transparently. I’m hoping they do some transparent damage control this week.
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Open | High | Low | Value | Volume |
$4.80 | $4.87 | $4.79 | $8.340M | 1.720M |
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No. | Vol. | Price($) |
---|---|---|
19 | 13725 | $4.81 |
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Price($) | Vol. | No. |
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16 | 13261 | 4.810 |
39 | 59286 | 4.800 |
18 | 33154 | 4.790 |
11 | 45503 | 4.780 |
7 | 111269 | 4.770 |
Price($) | Vol. | No. |
---|---|---|
4.820 | 9742 | 8 |
4.830 | 18132 | 13 |
4.840 | 20513 | 10 |
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