All, don't get too hung up on daily SP moves. The SP will take care of itself as long as the company continue it's strategy of growth and de-risking from China. China is the bulk of it's market at present but wisely, the Board have a great strategy on the go. The spend in the U.S and the U.K as well as other asian countries is brilliant. You never get instant sales growth in new markets, especially with a product like A2.
Most business results follow a step pattern (like a staircase). That is growth followed by a levelling out (because of increased spend) then a further growth period, then more spend etc. The SP is a little volatile atm but once the spend patterns start to yield results then whammo. And to start to spend big time in the two wealthiest countries in the world (U.S and U.K) just augers well. So hold your nerve and as the EBIT climbs in the next year or two, so to will the SP. But patience is required.
A2M Price at posting:
$10.52 Sentiment: Buy Disclosure: 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)