A2M 1.42% $6.23 the a2 milk company limited

Chart Update, page-18605

  1. 7,507 Posts.
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    I doubled my position today, at least in the short term it looks like stabilizing. Intrada day buy/sell are finally approximating each other.

    Overall position still small at 0.8% of the portfolio.

    As mentioned previously:
    Under a bullish future earnings assumption (post 2023) then the share price is stacking as a value play.
    Under a bearish future earnings assumption (post 2023), then the share price is still over valued.

    Market is uncertain which it will be, and so am I.

    So take a one foot in/one foot out approach.
    Because it meats the first assumption, I have taken a position. However because of the second assumption, I have to keep the position relatively small.
 
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