ASX - A2m

Accumulation of A2m between the 0.61 and 0.786 retracement from the 2016 low of $1.33
and the 2020 high of $20. 01 .
This will align with the long term trend line from its early
years.
I calculated an intrinsic value between $8-$16
using various ROIC figures, ROE, Future PE ratio,
expected MARR of 15%
ROE- 22% (has actually been between 30-46%
I devalued the return because of the current headwinds
with the chinese export routes.

Kommentera:

Kommentera:

Here is the low fib point

Kommentera:

Reviewed Fib levels.
Seems to be quite accurate.
will await the $5.36 level

Kommentera:

www.tradingview.com/chart/P6M9UN3h/
- 0.61%
- double bottom