Competitors from all over the globe will flood the baby formula market in China
Competition will stifle growth for A2M in the future
3 dollar party well Id be betting shorters piling on to these food stocks bubbles might be arranging a sub dollar party this year
It's just like hard commods food its a one trick pony one miss one contamination scare or not been able to meet demand boom down she goes
Over supply works the same an don't be fooled thinking A2m have it all to them selves you ever been to a supermarket in China I have
Choice does your head in everyone wants to feed the world
Then you have lunch cutters who will sell products at unsustainable levels to drive out opposition
It's a cut throat world
This coy has done extremely well so hand holders I salute you well done
However in over 20 years in the markets I have seen these forum hypeola stocks come n go this reeks of a classic forum fantasy
Everyone hanging on the next result
Ah newsflash folks outstanding performance is already factored into the price
You would want it to outperform that by a long way or after the ANN this will be bailed faster than Usain Bolt can run
It's not my call or advice but know way Id buy this now until after the ANN
I myself won't be as I think it has very limited growth drivers because of competition coming in to the market place
Caveat Emptor on this one folks
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Last
$4.81 |
Change
-0.090(1.84%) |
Mkt cap ! $3.482B |
Open | High | Low | Value | Volume |
$4.92 | $4.95 | $4.80 | $8.716M | 1.802M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 10795 | $4.81 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.83 | 5662 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 10795 | 4.810 |
14 | 50515 | 4.800 |
10 | 88280 | 4.790 |
8 | 128503 | 4.780 |
4 | 31267 | 4.770 |
Price($) | Vol. | No. |
---|---|---|
4.830 | 5662 | 1 |
4.840 | 6237 | 1 |
4.850 | 50303 | 2 |
4.890 | 15000 | 2 |
4.930 | 15000 | 2 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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