A2M 1.97% $5.48 the a2 milk company limited

Chart Update, page-20307

  1. 1,024 Posts.
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    @Olig33
    Olig. First off this is clearly none of my business but as you asked the question, I offer this in the spirit of trying to help

    after 18 months of a global crisis and zero concern for the shareholders of the company by their arrogance of silence, they did the following
    1 wrote off 90 million of inventory which a few years ago was as valuable as gold

    2 After 18 months they have decided to study the problem Personally I find that exasperating

    3 To me , an old hand here really desiring to find an entry point, there isn't one. As the market is forward thinking at least 6 months, the market has no idea what the share price will be as the company has no solution to their problem. I don't know, maybe a yr and a half ago would have been a good time to study but what do I know

    The technical indicators tell me 3.78 has some resistance

    So, I'd ask myself if I were you two things
    a/ can u think of one reason to buy the stock today... I can't

    maybe one day they will do a four word Ann saying
    " we figured it out"

    rather than thinking I can't sell at this point, possible be open to the possibility that you can't hold any longer

    just my view as one whose been around a2 for 8 yrs

    just my opinion. I hope it's thought provoking to u

    humbly
    H
 
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Last
$5.48
Change
-0.110(1.97%)
Mkt cap ! $3.967B
Open High Low Value Volume
$5.56 $5.57 $5.39 $15.92M 2.911M

Buyers (Bids)

No. Vol. Price($)
1 5000 $5.46
 

Sellers (Offers)

Price($) Vol. No.
$5.49 6381 1
View Market Depth
Last trade - 16.10pm 05/11/2024 (20 minute delay) ?
A2M (ASX) Chart
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