I think this will relate to the tensions between Aust and China.
I reckon it will info relating to restrictions/tariffs/ or custom type delays of A2M product sold into China.
The announcement relates to an amendment to "guidance" figures - so it is an issue re revenue and profits.
If China thinks it can get the product from elsewhere, they will put pressure on the Aust exporters.
Sorry to be a "Debbie downer" - but this China trade war is only just beginning imho.
I think this will relate to the tensions between Aust and China....
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$5.51 |
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| Last trade - 16.10pm 25/09/2024 (20 minute delay) ? |
| A2M (ASX) Chart |