Some of those who added short positions above 2.30 are winning but there's not many in the bigger scheme of things.
Positions as of feb 8 below was 41.1 million.
Positions as of the 24th of feb 47.8 million
So there's a lot of positions already out of pocket and that additional 7 odd million that have been added will also start to feel the pressure if A2 move back to around 2.40 which isn't very far off.
Risky business.
Every shop/chemist I have been to has seen shortages of A2 infant formula. Even the milk is being swooped up. There's a lot more advertisement for A2M at the moment also. Sponsoring MkR and a lot of radio adds and coverage. The word is getting out. Growth continues.
a2 Sales Update on Alibaba, page-45
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Last
$6.81 |
Change
0.100(1.49%) |
Mkt cap ! $4.923B | |||
| Open | High | Low | Value | Volume |
| $6.72 | $6.84 | $6.70 | $10.26M | 1.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9090 | $6.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.81 | 17768 | 3 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |