Without baiting may I simply say that is an outrageous suggestion that A2M is worth $1.00 per share.
My comments are based on;
- It last traded at $1.00 back on 17th November 2015 (not long after listing)
- Market Capitalisationis $5,056,564,497
- It is ranked on the ASX as105 of 2,311, and its Sector Rankis number 6 of 86
- Net Profit after tax, while down, was still $80.7M
- As at June 30th 2021 it had $875.2M Cash on Hand.
- Chinese label revenue growth has increased almost 5 fold over the past 4 years to $390M (NZ)
- ANZ liquid milk market is also growing
- USA results are only slightly down.
- The acquisition of a 75% stake in Mataura Valley Milk will start to reap rewards
I would be waiting to see what comes out of the Growth Strategy Review which is scheduled to be presented this month.
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Last
$6.49 |
Change
0.120(1.88%) |
Mkt cap ! $4.612B |
Open | High | Low | Value | Volume |
$6.33 | $6.50 | $6.29 | $2.367M | 368.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 3997 | $6.48 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.49 | 8058 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 11004 | 6.490 |
14 | 15528 | 6.480 |
12 | 22679 | 6.470 |
12 | 12896 | 6.460 |
8 | 11627 | 6.450 |
Price($) | Vol. | No. |
---|---|---|
6.500 | 29637 | 24 |
6.510 | 21421 | 10 |
6.520 | 31144 | 11 |
6.530 | 19396 | 4 |
6.540 | 8127 | 5 |
Last trade - 11.53am 08/10/2024 (20 minute delay) ? |
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A2M (ASX) Chart |