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
$6.68 |
Change
-0.020(0.30%) |
Mkt cap ! $4.829B |
Open | High | Low | Value | Volume |
$6.70 | $6.71 | $6.61 | $6.477M | 971.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 12782 | $6.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.69 | 15324 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3790 | 6.600 |
1 | 600 | 6.580 |
2 | 3200 | 6.550 |
1 | 310 | 6.540 |
1 | 5000 | 6.510 |
Price($) | Vol. | No. |
---|---|---|
6.690 | 10324 | 3 |
6.700 | 10000 | 1 |
6.710 | 41811 | 3 |
6.740 | 20000 | 1 |
6.750 | 13300 | 3 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
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A2M (ASX) Chart |