Not really crystal ball. Sell off was classic retail panic given short interest actually shrunk over period. Ie a few stale shorts actually took advantage of weakness to close out what was probably a losing position.
I have said on this forum before that I think A2M goes to $30+ over the time 18 months. So big fall like we just had on no fundamental change other than a failing brand launches in comoetition.
In fact if I was a betting man I would suggest that nestle launch ATwo. Wait a few months after spending lots of money on front of store slotting money is paid to retailers (unprofitable gain). Make a bid for the brand leader - A2 and tell investors that they are saving them from eventual doom due to the massive marketing clout of nestle.
I for one would not fall for this unless we were close to my $30 as a bid price.
- Forums
- ASX - By Stock
- A2M
- Last chance.
Last chance., page-8
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add A2M (ASX) to my watchlist
|
|||||
Last
$6.91 |
Change
-0.110(1.57%) |
Mkt cap ! $4.995B |
Open | High | Low | Value | Volume |
$7.00 | $7.04 | $6.90 | $13.12M | 1.885M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2054 | $6.91 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.93 | 11328 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 8458 | 6.900 |
1 | 5284 | 6.890 |
3 | 14982 | 6.880 |
1 | 3851 | 6.870 |
1 | 2851 | 6.860 |
Price($) | Vol. | No. |
---|---|---|
6.930 | 5350 | 2 |
6.950 | 8458 | 3 |
6.960 | 10284 | 2 |
6.970 | 5284 | 1 |
7.000 | 12874 | 5 |
Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
Featured News
A2M (ASX) Chart |