I said it was over priced in the short term at 5.30 after earnings and it should pullback and it did. I got back in at low 5s. Was hoping for more of a pullback but didn't happy and lucky I got in when I did.
What has changed:
- July sales figure showing A2 fastest growing infant formula in china based on month to month and compared to July 2016. 4.5% market share of online china sales.
- Synalit confirming 18000 MT of infant formula for 1H18 while whole of fy17 was 18000. A2 is 70-80% customer of this.
- Other bullish industry data that I'm unable to share.
- Encouraging signs on Tmall that I have noticed.
Chart update, page-4528
Add A2M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.03 |
Change
0.095(1.60%) |
Mkt cap ! $4.362B | |||
| Open | High | Low | Value | Volume |
| $5.95 | $6.05 | $5.94 | $7.206M | 1.198M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 16259 | $6.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.03 | 1817 | 5 |
View Market Depth
| Last trade - 11.57am 30/04/2024 (20 minute delay) ? |
|
|||||
|
Last
$6.02 |
Change
0.095 ( 1.86 %) |
||||
| Open | High | Low | Volume | ||
| $5.95 | $6.05 | $5.94 | 287373 | ||
| Last updated 12.16pm 30/04/2024 ? | |||||
| A2M (ASX) Chart |