A2M 0.28% $7.16 the a2 milk company limited

Im expecting the FY revenue to be around $1.31bn. The upper gap...

  1. 2,020 Posts.
    lightbulb Created with Sketch. 498
    Im expecting the FY revenue to be around $1.31bn. The upper gap around $14.5 might fill before the results are announced. There was a major treeshake the day before H1 results were announced. Any drop in the share price around the low to mid 14s will be an excellent topup opportunity.

    I am expecting launch dates for new products to be announced and potentially new markets and also what they are planning to do with the cash on hand. If they make an announcement regarding all 3 things (i.e. new products, new markets and purchase of a canning facility), I expect the SP to break previous all time highs. If no details are given regarding any of these 3 items, the SP will slug around in the 14, 15 range (or fill the lower gap around 12.30 if global markets keep going down). Risk is skewed to the upside though. A punter stands to make around 20% from current prices in 4 working days if all goes well.
 
watchlist Created with Sketch. Add A2M (ASX) to my watchlist
(20min delay)
Last
$7.16
Change
0.020(0.28%)
Mkt cap ! $5.176B
Open High Low Value Volume
$7.16 $7.23 $7.07 $18.04M 2.526M

Buyers (Bids)

No. Vol. Price($)
1 4213 $7.12
 

Sellers (Offers)

Price($) Vol. No.
$7.16 17242 2
View Market Depth
Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
A2M (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.