Today is the day that shorties are in forced. But importantly I think some big instos want these shares badly. They shake the trees to knock off weak hands. The vol is around 20mil shares today. Instos can spend 3 mil shares selling cheap but can buy 15mil shares at dirt cheap price.
I have said this many times in the past. The only way to win is to hold onto your shares and buy more during the dip. A2m fundamental business hasn't changed at all. Demand for products are still very high. Walk to your Coles and woollies and pharmacies. Do you see step 3 and 2 everywhere on the shelves?
Reasons such as because of Bega cheese announcement, breast feeding improve infants wellbeing (this has been known for a long time), China economy is going down (sacrificing your children to save money. We are talking about middle-high Chinese class here!), bkl has crap infant formula are all rubbish and should not affect a2m.
Gltah. Sincerely hope everyone can hold the shares and celebrate after the February announcement
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Last
$7.06 |
Change
0.340(5.06%) |
Mkt cap ! $5.056B |
Open | High | Low | Value | Volume |
$6.83 | $7.12 | $6.81 | $12.89M | 1.841M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
30 | 17540 | $7.06 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.07 | 13000 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 10903 | 7.060 |
16 | 7109 | 7.050 |
15 | 17489 | 7.040 |
15 | 14812 | 7.030 |
10 | 8225 | 7.020 |
Price($) | Vol. | No. |
---|---|---|
7.070 | 18006 | 10 |
7.080 | 18585 | 9 |
7.090 | 19211 | 11 |
7.100 | 59258 | 20 |
7.110 | 19132 | 8 |
Last trade - 12.55pm 16/08/2024 (20 minute delay) ? |
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A2M (ASX) Chart |