Guys it is healthy for the SP to come down when earning guidance are low. Just look at the 5 yrs chart how A2 milk is performing. Do you think it should have been traded at $18-$20 at this point where int’l travel is nil, no tourists and bottoming China - Australia relationship.
Sentiment has changed. It will keep changing.
It is completely normal for both A2 and Bub to be at their current cap. Just imagine if life gets back to normal by the end of 2021 or early 2022, how would these shares flair?
if you stay long and stay invested every dip and when it rebounds you will be profitable.
I may be wrong but that is what I’ve been doing.
Buying opportunity, page-59
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Last
$6.81 |
Change
0.100(1.49%) |
Mkt cap ! $4.923B | |||
| Open | High | Low | Value | Volume |
| $6.72 | $6.84 | $6.70 | $10.26M | 1.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9090 | $6.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.81 | 17768 | 3 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |