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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A2M
the a2 milk company limited
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$7.29

You've hit the nail on the head. I made my play at NZ15,...
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Last
$7.29 |
Change
-0.070(0.95%) |
Mkt cap ! $5.278B |
Open | High | Low | Value | Volume |
$7.36 | $7.36 | $7.21 | $19.48M | 2.673M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 16539 | $7.27 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.30 | 413 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 7.210 |
4 | 116335 | 7.200 |
2 | 1700 | 7.180 |
2 | 180 | 7.170 |
2 | 392 | 7.160 |
Price($) | Vol. | No. |
---|---|---|
7.300 | 336 | 1 |
7.350 | 13000 | 1 |
7.400 | 1252 | 2 |
7.500 | 2996 | 5 |
7.520 | 3356 | 2 |
Last trade - 16.13pm 11/07/2025 (20 minute delay) ? |
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A2M (ASX) Chart |
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VMM
VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
CEO
SPONSORED BY The Market Online