Pretty happy with the first 30 mins trading. Green close looking quite possible. IMO after a few months of consolidation we are sitting at around fair value. We should begin to see normalised SP appreciation moving forward. Of course, the company has a habit of creating exceptional investments and partnerships, as well as the possibility of share buyback - we could still see some one off sharp SP rises over the coming year. My prediction for FY19: A move into Canada and Japan, milk in Canada, IF & AMD in Japan (as well as first revenues from multiple markets through Fonterra). My thought is that there may have been a handshake agreement between a2 and Kirin on the premise that Kirin would distribute a2 products in Japan in return for dropping legal proceedings over lion labelling case last FY.
Ann: FY2018 Trading Update and FY2019 Outlook, page-52
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Last
$7.01 |
Change
0.290(4.32%) |
Mkt cap ! $5.067B | |||
| Open | High | Low | Value | Volume |
| $6.83 | $7.12 | $6.81 | $26.19M | 3.735M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $7.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.02 | 28521 | 7 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |