This company should have been far over 6 by now. As said had a string of good news yet here we are. Made 6 then got hammered down, below in the chart see why.
It has been a fine example of pure manipulation by instos for the past 4 years.
As can see there is rather large layers put in that keep the price suppressed. These are large given no retail will be able to crack these walls or provide enough to overcome the pressure they create. The buy layer (the big green candle) has always been present in some form, when price has been hindered, it creates massive pressure to drag price down. The big red wall is put in when they want to put the brakes on and steal more shares from retail at lower prices. They make money from gains and losses so doesnt really matter what the price is. We cant even see all their dirty moves as they have dark pools so any data given around shots or how much money is moved is likely false.
It is these instothieves who put in these layers that are responsible for the price being where it is, beyond the joke undervalued overall. They are able to achieve this as management is more than happy to sit back and do bare minimum or make garbage decisions as have no skin in the game. For what paid its not good enough. A decent management would have been hammering away at any risk FUD these thieves put out, not throwing in everything into the narrative that put them in first place and hoping will change.
The asic is also a factor as allow this type of manipulation to take place. If they did their jobs they would attack the instos and slap them with massive fines. Of course they are probably being paid under the table. Only reason can think of they miss this blatant manipulation. If ASIC punished them, this would have been flying by now. Shame retail buyers cant form their own exchange watchdog, would put these thieves in place.
As SML has had a near 100% gains recently despite performing more garbage overall, a2 should be flying aswell. Yet we will see, as have said many time even if gains 25% it barely even makes it back to where was before august last year, so merely recovering consecutive losses instead of the initial hit from 2020. This trend of recovery after poor decision is not good enough now. This stock has for most part brought disappointment in that regards for longer term holders. I only hold cause know could do better if was managed better and refuse to sell out to the thieves aswell.
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the a2 milk company limited
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Breaking the $6-00 Mark, page-2
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Last
$7.95 |
Change
-0.100(1.24%) |
Mkt cap ! $5.755B |
Open | High | Low | Value | Volume |
$8.00 | $8.01 | $7.88 | $16.94M | 2.134M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7267 | $7.94 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.97 | 31519 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7267 | 7.940 |
1 | 5460 | 7.920 |
8 | 110561 | 7.910 |
4 | 15998 | 7.900 |
4 | 14423 | 7.890 |
Price($) | Vol. | No. |
---|---|---|
7.970 | 31519 | 9 |
7.980 | 12537 | 3 |
7.990 | 8696 | 3 |
8.000 | 7246 | 5 |
8.010 | 16141 | 1 |
Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
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A2M (ASX) Chart |