A2M 1.50% $5.90 the a2 milk company limited

3 Directors sold, page-60

  1. 1,525 Posts.
    lightbulb Created with Sketch. 17
    Looks like the shorts were right when they opened quite a big amount on Monday, and added a few more yesterday.
    Probably sniffed out directors selling when they could have waited a few more months for the dividends.

    Either way: the market has already decided that it's not a good look at the moment and hence the SP weakness.

    I suspect that we could get a 2017 yearly low for A2M but someone threw $1.50 out in the open. I am unsure how it will get there (I think it's unlikely) but i won't discount it.. after all, the market is irrational.

    Also - i suspect there's supply issue as they could really supply 1HFY17 worth of stock.. but A2M already flagged lower IF sales and IF is continuing to make it a big part of their total revenue.. 72% and potentially up to 80% ??

    Is it the upgrades of SML that is impacting current production ??
 
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