I said it was over priced in the short term at 5.30 after earnings and it should pullback and it did. I got back in at low 5s. Was hoping for more of a pullback but didn't happy and lucky I got in when I did.
What has changed:
- July sales figure showing A2 fastest growing infant formula in china based on month to month and compared to July 2016. 4.5% market share of online china sales.
- Synalit confirming 18000 MT of infant formula for 1H18 while whole of fy17 was 18000. A2 is 70-80% customer of this.
- Other bullish industry data that I'm unable to share.
- Encouraging signs on Tmall that I have noticed.
Chart update, page-4528
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Last
$7.14 |
Change
0.090(1.28%) |
Mkt cap ! $5.161B | |||
| Open | High | Low | Value | Volume |
| $7.02 | $7.24 | $7.02 | $16.45M | 2.301M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 21447 | $7.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.15 | 500 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |