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
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 (20min delay)
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Last
$6.99 |
Change
-0.110(1.55%) |
Mkt cap ! $5.053B | |||
| Open | High | Low | Value | Volume |
| $7.10 | $7.15 | $6.92 | $7.476M | 1.069M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3309 | $6.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.00 | 27375 | 11 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$7.00 |
Change
-0.110 ( 2.00 %) |
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| Open | High | Low | Volume | ||
| $7.09 | $7.11 | $6.91 | 385574 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| A2M (ASX) Chart |