Media Updates, page-14380

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mybestaccount

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28/05/24

01:43

Post #: 74034949
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Originally posted by Investbest92: ↑

I didnt say need updates about SP quartely. I said it would be nice to have updates on how mitigating risks. Put down any doubt that Bright/synlait situation could ruin price. That alone destroyed price last year. The management let slide an utter bs claim made by them. And it could happen again. Really the gain now is only recovering what should never have lost last year.

Its not like all the decsions have been good either. That buyback was a total waste. Pumped only to be dumped and instos made bank. This was part of the poor handling. There has been nothing to tell of progress of getting licences aswell so no longer have to rely on Synlait for production. That would go a long way to crush shorters.

If you got in at lows then can see why think did good job. They have turned things around im not disagreeing having removed the daigou problem for something more secure..... still a big maybe hanging over as a lot of uncertainty still remains. Still seems like price could drop any minute on bad news. The management need to ensure and give confidence that wont happen again. Really ensure the shorter pos have nothing. This they are not doing and that is currently affecting the price. Also the price is still less than when DB took over (zoom out on chart). There is 4 years of damage to recover most of which I think was just the total overeaction but again it happened. There is still alot of work to do to even get back to that price where took over.

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previous the price was pushed lip by the buyback. This time, it’s different. More organic this time.

A2M Price at posting: $7.28 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $6.66		Change 0.000(0.00%)		Mkt cap ! $4.814B

Open	High	Low	Value	Volume
$6.64	$6.71	$6.58	$4.245M	639.6K

Buyers (Bids)

No.	Vol.	Price($)
2	3307	$6.64

Sellers (Offers)

Price($)	Vol.	No.
$6.66	12424	5

View Market Depth

No.	Vol.	Price($)
1	5000	6.630
3	7955	6.620
2	18653	6.610
2	8904	6.600
1	4646	6.590

Price($)	Vol.	No.
6.660	9935	3
6.670	9582	4
6.680	6144	1
6.690	6144	2
6.700	2500	2

Last trade - 16.10pm 02/07/2024 (20 minute delay)

A2M (ASX) Chart

Media Updates, page-14380

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