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.
I said it was over priced in the short term at 5.30 after...
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Last
$6.99 |
Change
-0.125(1.76%) |
Mkt cap ! $5.038B | |||
| Open | High | Low | Value | Volume |
| $7.00 | $7.07 | $6.96 | $4.835M | 690.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 8138 | $6.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.99 | 4135 | 17 |
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| Last trade - 14.02pm 02/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |