I agree in the short term that the market will do what the market does and is forward looking. A2 has been very hard to predict as their forward looking statements have always been the same. wishy washy you could say or generic and conservative is how I would pitch it. this has served the company well and caught out investors who did not believe. this is why we have seen very sharp increases when the market releases results or any good news. as I say based on nothing forward but the past then today the price is undervalued even if they had 0% growth this financial
year which is clearly not the case. just means for long term investors like me the ship is travelling very nicely indeed.
Trading update 4M19 $368.4, page-9
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Last
$5.56 |
Change
0.030(0.54%) |
Mkt cap ! $4.025B | |||
| Open | High | Low | Value | Volume |
| $5.47 | $5.60 | $5.43 | $8.699M | 1.574M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9168 | $5.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.57 | 11368 | 2 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| A2M (ASX) Chart |