I have to agree with u that the market was probably expecting better signs from us/uk, in particular the us.. Imo the potential growth in these markets are what is supporting the high p/e. A2 might still take off there but might happen later than most were hoping.
In saying that though infant formula and China still has some growth, and a2 is a great company so no need to panic imo.
Let me tell you what was going on yesterday morning, page-30
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 (20min delay)
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Last
$6.27 |
Change
-0.140(2.18%) |
Mkt cap ! $4.532B | |||
| Open | High | Low | Value | Volume |
| $6.33 | $6.38 | $6.24 | $8.344M | 1.326M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 10138 | $6.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.28 | 12662 | 27 |
View Market Depth
| Last trade - 15.10pm 03/10/2024 (20 minute delay) ? |
| A2M (ASX) Chart |