A2M 2.89% $6.77 the a2 milk company limited

Chart Update, page-18268

  1. 7,328 Posts.
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    except where falling knife is starting to fall into potential value assuming a 'bull case' future earnings.

    This is the conundrum.

    Or thinking another way: the 'deep value' investors are looking at around $6 valuation, from $7.9, that's only a drop of roughly 20% from current share prices.

    So another thought would be to slowly dollar average from $7.90, maybe splitting ones desired position into 5 and buying every 4% drop down to $6, with a risk mitigation being the total desired position cannot be more than 10% of the total portfolio. ie Add 2% of portfolio to buying A2M for every 4% drop from here.

    Of course if prices rise from here it means you only get a 2% allocation.

    For myself as said, my confidence is still low, I am like a scared rabbit slowly emerging from his hole, very jumpy, ready to bolt back into my hole at the first sign of danger. So i will use stop losses and keep trying to 'pick the bottom' but with a small position in the portfolio.

    I think this way I cannot cause too much damage to myself, and on the upside, get a benefit (although not large, because position is small) if A2M stabalises and then one day increases.

    No right and wrong on all this, it depends on ones personal risk profile and financial position.
 
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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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