Can you pull up a post when I was calling it to retrace at $1.60.
With respect to the comments towards increased milk supply in FY17, I am yet to actually see where it is coming from etc. I have no doubt they can achieve it, after all the global milk industry outlook is pretty bleak, so there are a few cows out there on the dole at the moment.
As always its when and at what cost. I am sure this will flow through to the market when they sign up new supply deals or make capital commitments to the supply chain.
I'm actually a bit of a BULL on the prospect of a takeover target believe it or not. I just believe its a perfect fit for the Nestle Group. This is the fundamental reason why I shall not go SHORT on A2M at the moment.
PS,
I am no longer Free Carried - I tossed out the balance of my free carried stock yesterday. I will just look to keep making short term 10-15% turns on the stock when the opportunity presents. A2M has been kind to me.
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$5.25 |
Change
-0.150(2.78%) |
Mkt cap ! $3.830B |
Open | High | Low | Value | Volume |
$5.38 | $5.47 | $5.21 | $17.99M | 3.401M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | $5.24 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.26 | 18554 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 5.240 |
4 | 14827 | 5.230 |
6 | 35633 | 5.220 |
7 | 34410 | 5.210 |
16 | 26565 | 5.200 |
Price($) | Vol. | No. |
---|---|---|
5.260 | 18554 | 2 |
5.270 | 5726 | 2 |
5.290 | 4216 | 2 |
5.310 | 5600 | 1 |
5.330 | 7500 | 2 |
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