A2M 1.13% $6.59 the a2 milk company limited

Caution when looking at ecommerce sales numbers, page-29

  1. 265 Posts.
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    You've hit the nail on the head. I made my play at NZ15, unfortunately. I'm sure everyone has had their share of investments / trades that have resulted in a face palm not long after buying. If I could re-enter my position at these prices? I wouldn't hesitate. For the life of me - if you believe in the fundamentals and potential of this company, why on earth would you sit it out waiting for a few extra cents to be shaved off the SP? If one assumes the cautious buyer is confident the SP will find it's way back to $13, $15 etc. then said buyer would not enter into a position because

    a) Genuine belief the SP will drop substantially lower - let's say around $9 - $10. I can understand and respect that.

    Or,

    b) They're waiting for the elusive 'perfect' entry point. It might be $11.80 or $11.50.

    If it's the latter, given where the price is sitting right now ... it seems too much of a risk NOT to make a play. With the AGM and results on the horizon, you're running the risk of missing the boat, as you say. For a few extra cents. It just doesn't add up to my way of thinking.
 
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Last
$6.59
Change
-0.075(1.13%)
Mkt cap ! $4.778B
Open High Low Value Volume
$6.62 $6.68 $6.55 $2.880M 435.4K

Buyers (Bids)

No. Vol. Price($)
21 14598 $6.58
 

Sellers (Offers)

Price($) Vol. No.
$6.59 2940 9
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Last trade - 15.33pm 03/07/2024 (20 minute delay) ?
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