From an Unsophisticated Investor who has no interest in charts , Ive never struck anything like the volatility with this stock most of it making no sense at all on a daily basis so I have to support you views to a degree! Management seem to meet have little interest in supporting the share price with constant half glass full comments which I find totally bizarre . Synlait as a business partner seems to be a shambles with high staff burn , and a management team like rabbits in the headlights based on what I observed at the AGM. Knowing how food manufacturing and Audits work I can only imagine how A2 must be tearing their hair out with them getting the SAMR approval across the line. Clearly seems to be some tension there and Synlaits latest market comments literally throwing A2 under the bus in my view ( why would they even single out comments about "their biggest customer" being one reason for a profit downgrade?) Obviously all contributing to a negative effect on the Share price clearly. Pretty obvious A2 want to eventually get control back by developing MVM and Synlait literally holding them to ransom ATM.
A2M Price at posting:
$5.98 Sentiment: None Disclosure: Held
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