Correct Bobby way I see it also that earnings given the regulation risk in April may not exceed as expected the global dairy industry is in over supply milk milk powder you name it in over supply
Competitors are discounting there has to be a correlation to earnings in terms of not out performing im sure they are doing well an will meet guidance but that's already factored in I just can't see a huge out perform with the reg changes an the global over supply
I think the market could be pricing in lower than expected figures hence the price fall price follows earnings an people have found other sectors flying so many stocks making new highs of late
Im thinking another MGC in the making given the sell off 2.36 high to 1.28 low should be flashing warning signals for even the biggest a2 Bulls its a worry when the market has been flying last two months
A2M Price at posting:
$1.43 Sentiment: Hold Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)