A2M 2.89% $6.77 the a2 milk company limited

ATM $2 Party time again, page-20

  1. 6,553 Posts.
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    Nothing pro Instos like more than seeing 2-3-4 dollar party on threads on share forums

    They gone straight into them on the short side looking soft the buying again today

    In order for A2 to get to 3 dollars even they will need significant revenue growth at some stage the rapid growth of a low base on listing will plateau out

    Most of the revenue growth for FY 17 is priced in I don't think you will see much growth in the sp

    I mean it's still the same price it was back in jan feb in reality there has been zero growth in this stock in 9 months

    If all this growth an revenues of 2 billion in 2 years was true instos would be pouring everything into this they are not

    30-40 per cent of sales by volume have been on the short side the shorts that held of the highs of 2.20 an 2.36 are well in front an will likely not close shorts anytime soon

    The general market is facing head winds the US has topped out fear of rate rises has seen our market have an awful
    October an likely with us rates going up there will be no santa rally this year
 
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Last
$6.77
Change
0.190(2.89%)
Mkt cap ! $4.894B
Open High Low Value Volume
$6.64 $6.80 $6.62 $8.993M 1.334M

Buyers (Bids)

No. Vol. Price($)
1 5191 $6.76
 

Sellers (Offers)

Price($) Vol. No.
$6.82 2584 2
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Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
A2M (ASX) Chart
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