I said it was over priced in the short term at 5.30 after earnings and it should pullback and it did. I got back in at low 5s. Was hoping for more of a pullback but didn't happy and lucky I got in when I did.
What has changed:
- July sales figure showing A2 fastest growing infant formula in china based on month to month and compared to July 2016. 4.5% market share of online china sales.
- Synalit confirming 18000 MT of infant formula for 1H18 while whole of fy17 was 18000. A2 is 70-80% customer of this.
- Other bullish industry data that I'm unable to share.
- Encouraging signs on Tmall that I have noticed.
I said it was over priced in the short term at 5.30 after...
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Last
$6.09 |
Change
0.030(0.50%) |
Mkt cap ! $4.380B | |||
| Open | High | Low | Value | Volume |
| $6.06 | $6.11 | $6.06 | $887.7K | 145.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 330 | $6.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.10 | 9035 | 14 |
View Market Depth
| Last trade - 10.38am 07/05/2024 (20 minute delay) ? |
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Last
$6.09 |
Change
0.030 ( 0.50 %) |
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| Open | High | Low | Volume | ||
| $6.08 | $6.11 | $6.08 | 60466 | ||
| Last updated 10.55am 07/05/2024 ? | |||||
| A2M (ASX) Chart |