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
$5.99 |
Change
0.080(1.35%) |
Mkt cap ! $4.330B | |||
| Open | High | Low | Value | Volume |
| $5.92 | $6.00 | $5.92 | $5.887M | 984.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 11978 | $5.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.00 | 30149 | 7 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$5.98 |
Change
0.080 ( 1.20 %) |
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| Open | High | Low | Volume | ||
| $5.93 | $6.00 | $5.93 | 2721094 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| A2M (ASX) Chart |