wow that was an awesome open, page-57

Today, I noted ATM (NZSE) as oversold for the day, and bought in.
I held prior, but sold out weeks before JH sold her shares, I was very very lucky.

Personally, I do expect the share price went beyond the actions of JH and the punishment the market has inflicted on the company as a show of repercussions of poor decisions (of the board, in my personal opinion).

The market dictated today's drop, and will direct market movement in the current market - to assess the SP movement based on company fundamentals may be futile at the present time, rather it would be better to access against sentiment of the market (global, and domestic) on a managed risk profile.

The market may fall further, but bare in mind any positives on the China front, which cannot get much worse (short of any sort of military/cyber espionage activity), would be an absolute direct positive to A2. I am also aware as others have stated, Chinese will always desire the best. Family is valued above all to Chinese, and face in the eyes of friends, colleagues and fellow parents is hugely important - in short, I propose that any reduction in projected growth to A2 sales would, in the case of a market downturn, would fall at a slower rate than consumer spending on other products falls overall.

With this in my mind, A2 carries a lower risk than is given credit by the market. Being one of the co's that were smashed today, I took it as a buy signal. I look forward to sharing future prosperity with fellow shareholders, and seeing you all at next years AGM (I will be exploring opportunities in Japan this year, so sadly will only be watching via web link).