I'm a holder of shares in A2m. I'm finding it difficult to understand the current state of the share price. Ok the world may be experiencing a glut of milk and milk powder but the A2m product is entirely different to the bulk milk trade.
It's a unique product and and in relation to the Platinum infant formula range highly value added
so far from the bulk commodity trade. It's diversity in its range of products now extends to ice cream, cream, yoghurt and I've recently seen my local Coles selling A2m milk powder.
I keep seeing the comment that the " shorters" are to blame but forgive me I don't really understand what that means and why it has such a profound effect on the share price. Maybe someone could explain that to me.
A2m share price stagnation.
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Last
$6.09 |
Change
-0.040(0.65%) |
Mkt cap ! $4.431B | |||
| Open | High | Low | Value | Volume |
| $6.10 | $6.11 | $6.09 | $218.0K | 35.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1603 | $6.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.10 | 2488 | 6 |
View Market Depth
| Last trade - 10.01am 08/05/2024 (20 minute delay) ? |
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Last
$6.15 |
Change
-0.040 ( 0.90 %) |
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| Open | High | Low | Volume | ||
| $6.10 | $6.17 | $6.10 | 58835 | ||
| Last updated 10.22am 08/05/2024 ? | |||||
| A2M (ASX) Chart |