Admittedly, I like many other holders weren't paying enough attention to company fundamentals when it hit $20 during the early stages of COVID.
I paid too much attention to what was an unprecedented change in external circumstances (COVID) which seemed to be benefiting the company in the initial stages then. So there was a lot of uncertainty in the projections that supported the company's value in the $15-20 range back then.
In short I have learned from that experience that the kind of figures you are flippantly throwing out need to be grounded in reality. The company is also in a more mature phase of its growth trajectory.
I'm also one of the luckier ones to have bought in early below $1 and was forced to take profit on the way up due to changing circumstances. I sold a large chunk around $10-12 from memory around late 2018.
Since then I resolved to basically free carry the remainder of the holding due to my belief in the company's long term potential. But even with my belief in the company I recognise it is in a different phase now. You don't just suddenly start getting a high growth and high PE again for no reason.
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the a2 milk company limited
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$7.83

A2 Managment has Baby Nap... while Bubs Australia ships 27.5 Million Formula Bottles to U.S, page-225
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Last
$7.83 |
Change
-0.120(1.51%) |
Mkt cap ! $5.669B |
Open | High | Low | Value | Volume |
$7.97 | $8.02 | $7.77 | $13.40M | 1.707M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7033 | $7.82 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.83 | 8457 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 63 | 7.850 |
1 | 65 | 7.840 |
1 | 639 | 7.830 |
4 | 7429 | 7.820 |
1 | 500 | 7.810 |
Price($) | Vol. | No. |
---|---|---|
7.360 | 31 | 1 |
7.590 | 62 | 1 |
7.620 | 39 | 1 |
7.800 | 150 | 1 |
7.820 | 650 | 1 |
Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
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A2M (ASX) Chart |