Yes I agree the pe is big and massive fomo is going on
It will take only one bad report or miss to cause the SP to fall heavily
The professional shorters have had a party with dmp and looking back the writing was everywhere that dmp were in trouble with their continued growth as they had ripped franchisees apart there was nothing left
However in this case the writing is also on the wall
Synlait investing heavily in increasing production and supply
China if market set to increase at over 5% compounded a yr for the next 5 yrs
A2 continue to increase market share
The decrease in shorts recently show that shorters realise that they are to heavy here and have been burnt to often and moving to the annual report there have been to many broker upgrades for a reason imo
Gltah as i feel the next 5 yrs are A2 best and holders will reap the rewards
A2m - time to short, page-101
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Last
$6.74 |
Change
0.190(2.90%) |
Mkt cap ! $4.872B | |||
| Open | High | Low | Value | Volume |
| $6.57 | $6.77 | $6.53 | $27.18M | 4.083M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1177 | $6.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.74 | 8931 | 2 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$6.74 |
Change
0.190 ( 3.47 %) |
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| Open | High | Low | Volume | ||
| $6.57 | $6.76 | $6.53 | 942835 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| A2M (ASX) Chart |