A2M 2.20% $5.77 the a2 milk company limited

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  1. 1,255 Posts.
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    SP has held up very nicely the last few days and showing gentle easing up again, which is pleasing to see. Calls of a drop to $1.70s looking overly pessimistic. The US market is running hot, IMO there is every likelihood this will continue through December on a Santa rally barring a left field event. Dow is headed above 20000, XJO will march in tune. For A2M I think we will finish the year back above $2.50, with a run up higher into the 1H17 results. The market seems to have gotten over the BAL fall, plenty of support for A2M as a better option.

    I don't expect updated guidance before the results unless there is a massive change in sales since the AGM. Last Dec was coming off a low base in sales, hence the need for constantly revised updates. The two stock specific issues (regulatory guidance and law suit) won't come into play until late next year, so we should get a clear run to the results (fingers crossed ).
 
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Last
$5.77
Change
-0.130(2.20%)
Mkt cap ! $4.171B
Open High Low Value Volume
$5.87 $5.91 $5.77 $8.457M 1.452M

Buyers (Bids)

No. Vol. Price($)
4 12297 $5.77
 

Sellers (Offers)

Price($) Vol. No.
$5.82 7000 1
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Last trade - 16.10pm 23/08/2024 (20 minute delay) ?
A2M (ASX) Chart
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