A2M 0.82% $6.78 the a2 milk company limited

Buying opportunity, page-9

  1. 199 Posts.
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    Over the course of 2020, I have reduced A2M weight selling at a range of prices between $17 and $20.

    I considered the prior guidance was somewhat optimistic, so today is hardly a surprise. However, what is certain is that one year's of underperformance has not reduced the value of this enterprise by 25% (especially given that the SP was already anticipating a significant part of the downgrade.) We should see confirmation of this by updates on Broker notes over the next few weeks, which should return A2M to a strong buy.

    Sub-$10 has been the buying opportunity I have been waiting for, so today I have returned to increased weight in my portfolio, buying at $9.85.

    I am not a trader but a long-terms holder having invested in A2M for over 4 years. I would not be so bold as to call the bottom, but sub-$10 is a great buying opportunity.
 
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Last
$6.78
Change
0.055(0.82%)
Mkt cap ! $4.858B
Open High Low Value Volume
$6.74 $6.80 $6.70 $2.255M 334.6K

Buyers (Bids)

No. Vol. Price($)
10 18880 $6.77
 

Sellers (Offers)

Price($) Vol. No.
$6.78 9310 10
View Market Depth
Last trade - 10.42am 18/06/2024 (20 minute delay) ?
Last
$6.81
  Change
0.055 ( 1.98 %)
Open High Low Volume
$6.75 $6.81 $6.70 104920
Last updated 11.01am 18/06/2024 ?
A2M (ASX) Chart
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