Me thinks...in my opinion re-rating is happening to new high before FY results.
Printable View
Nice start to clinch $16 mark once ASX opened, $16.04 now...
You may well be right Couta.
While the current TA chart for BAL shows there is considerable upside potential, a longer term view comparing the two SP's shows that over the last 5 yrs ATM has outperformed BAL by roughly 1000%.
Attachment 10493
The question then is which company will out perform the other in the future. IMO the odds are still greatly with ATM.
Aussies are endlessly comparing BAL with ATM. IMO such comparisons are pretty futile. They are quite different companies, Quite different markets, different management and very different balance sheets.
no volume....keep reminding myself the statement from CEO last year, every time I see the raise of ATM
New all time high today...where are all the fans cheering ?
When the CEO sells I think it'll be a nonevent. She's flagged it so far in advanced and the company has only gotten stronger since then. She also mentioned she would need to sell 'almost all' her shares vesting and to hold a small amount left that would be built on overtime.
So now the value has increased so much she might only need to sell half her shares, who knows. Regardless I think it's fair to say she's done a fantastic job so far and proved all the doubters wrong so far.