From a revenue perspective the split is circa 50/50 ANZ to China for the IF - in terms of revenue. (page 12 of A2M Half year presentation)
The issue with my polite rebuttal was related to the comment of 'valuation' which has I direct link to market cap or share price. The issue now is that the growth implied within Chinese IF market share (and growth) has too a large extent been removed from the current share price. There is little to no upside baked into the current share price now for a very strong brand with increased vertical integration.
I am certainly not surprised we are seeing green so soon, but I can certainly understand why.
From a revenue perspective the split is circa 50/50 ANZ to China...
Add A2M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.85 |
Change
-0.060(0.87%) |
Mkt cap ! $4.952B | |||
| Open | High | Low | Value | Volume |
| $6.91 | $6.93 | $6.81 | $7.337M | 1.070M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4252 | $6.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.86 | 10763 | 3 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |