Yep paranoid lol look A2 are going to be tarred with the same regulatory risk here it's a given ok
The sales are great market share great and no doubt they will put out a booming half year
Price follows earnings everything else is short term noise Id be using any weakness on A2 as a buying opportunity in my view the low today already bought
Id be keen for more if the guilty thru association with BAL trade comes thru
Maybe and no idea but will we hear that heads have rolled at BAL and a serious investigation is under way regarding the trading in BAL securities the day before and morning of the ANN thats just me theorising something has gone awry there maybe Mcbain has been sacked new CEO who knows
In the mean time A/2 make loads more money every hour so it's best to filter the noise and concentrate on the big picture
Id rather buy A2 sub 215 than plus 2.30 anything under 2.20 will be very well rewarded next year only risk the chinese regulators demanding labelling changes or increased tarrifs
BAL and A2M are two completely different Coys a2 has there house well in order BAL is not
If it was chinese regulations A2 would be in a halt buy the dip in my view on A2 ignore what BAL are doing Thats a basket case with a lame duck running the show who needs to go ASAP .
Look at the graph in the Aztec dats then look at your holdings in A2 and smile the future is very bright for A2M
A2M Price at posting:
$2.24 Sentiment: Buy Disclosure: Held
(20min delay)