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The A2 Milk Company Ltd (ASX: A2M) share price has tumbled 3% to $10.49 following the release of a trading update and its outlook for FY 2019. Judging by the share price reaction, investors appear disappointed with the update despite the infant formula and dairy company announcing revenue growth ahead of the guidance range given in May. When the dust settles I think this could be a buying opportunity.
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- Ann: FY2018 Trading Update and FY2019 Outlook
Ann: FY2018 Trading Update and FY2019 Outlook, page-81
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Last
$7.01 |
Change
0.290(4.32%) |
Mkt cap ! $5.067B |
Open | High | Low | Value | Volume |
$6.83 | $7.12 | $6.81 | $26.19M | 3.735M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | $7.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.02 | 28521 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 7.000 |
1 | 1300 | 6.960 |
2 | 17488 | 6.950 |
2 | 7632 | 6.940 |
1 | 7488 | 6.930 |
Price($) | Vol. | No. |
---|---|---|
7.020 | 28521 | 7 |
7.030 | 48608 | 7 |
7.040 | 27488 | 3 |
7.050 | 8488 | 2 |
7.060 | 7488 | 2 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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A2M (ASX) Chart |