A2M 0.37% $5.42 the a2 milk company limited

Here comes the massive dump/correction, page-185

  1. 2,468 Posts.
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    Im sitting at an average return of approx 80% to 120% since jan this year, hard to know exactly how much until i do my tax. I have paper losses on BDR (-30%), if those unwind in the next 6 months, which i expect they will. my return will be a fair bit better.

    My goal is to take scope out 10-20% returns per trade. Once i obtain that amount i sell out and reinvest that money into something else i think will jump up. In the event i get it wrong, i average down and wait for it to pick up again, before closing the position out.

    Ive been able to flip trades like this a lot more frequently in the last few month due to an increase amount of volatility and uncertainty. If you were to theoretically take a 10% return every 2 weeks in 26 fortnights. you should be sitting above 260% return (with compounding).

    Anyway, you wont always make successfully trades in a short amount of time, sometimes you get lucky/unlucky. But it goes to show that in the last 2 days A2m jumped up 20%. If you annualise this amount its huge, people dont seem to understand this.
 
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(20min delay)
Last
$5.42
Change
0.020(0.37%)
Mkt cap ! $3.909B
Open High Low Value Volume
$5.38 $5.43 $5.38 $780.5K 144.2K

Buyers (Bids)

No. Vol. Price($)
13 11341 $5.41
 

Sellers (Offers)

Price($) Vol. No.
$5.43 14857 8
View Market Depth
Last trade - 10.15am 18/09/2024 (20 minute delay) ?
A2M (ASX) Chart
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