I honestly believe it's both. Firstly, the share price had to drop given the change in financial results for FY21 and uncertainty. No doubt about it. But on top of that, institutional investors can take advantage of this and squeeze out even lower prices to average down. It's not that they can see into the future, but they probably like their odds at 5-6$, especially when most larger stocks are already boasting lofty valuations.
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A2M
the a2 milk company limited
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0.53%
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$7.60

I honestly believe it's both. Firstly, the share price had to...
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Last
$7.60 |
Change
0.040(0.53%) |
Mkt cap ! $5.498B |
Open | High | Low | Value | Volume |
$7.59 | $7.72 | $7.58 | $5.370M | 703.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 7587 | $7.59 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.61 | 16280 | 36 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 7191 | 7.590 |
14 | 11113 | 7.580 |
11 | 13241 | 7.570 |
15 | 17790 | 7.560 |
9 | 25903 | 7.550 |
Price($) | Vol. | No. |
---|---|---|
7.600 | 646 | 9 |
7.610 | 19694 | 37 |
7.620 | 50796 | 25 |
7.630 | 13646 | 15 |
7.640 | 10093 | 10 |
Last trade - 13.12pm 18/07/2025 (20 minute delay) ? |
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A2M (ASX) Chart |