A2M 0.75% $6.59 the a2 milk company limited

Hey @SmugLex Congratulations on your purchase! Settlement in 4...

  1. 146 Posts.
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    Hey @SmugLex

    Congratulations on your purchase! Settlement in 4 months is great too! In NSW, i'ts generally 45 days!

    I have been analysing the trades coming through recently and I find it ironic that most of the large trades for the day have come through after 4pm and short positions have been up lately too: https://www.shortman.com.au/stock?q=a2m

    The financials look great with no debt, cash on hand and with a PEG < 1, I cannot find a better company to invest in and not worry when the price falls temporarily (being a long term holder for 2.5 years now). A reversal in the market can happen at anytime and quickly.

    I suspect that the price will start to rise in August leading up to the FY18 full year results. Just my honest opinion as fundamentally and looking at the 'big picture' the company is in an excellent position to execute their growth strategy.

    Please DYOR to form your own opinion to suit your personal situation and circumstances, have a set strategy and execute accordingly.

    Al the very best with the purchase bud.
 
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Last
$6.59
Change
-0.050(0.75%)
Mkt cap ! $4.764B
Open High Low Value Volume
$6.61 $6.66 $6.58 $11.55M 1.749M

Buyers (Bids)

No. Vol. Price($)
3 15323 $6.59
 

Sellers (Offers)

Price($) Vol. No.
$6.60 2000 1
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Last trade - 16.10pm 20/06/2024 (20 minute delay) ?
A2M (ASX) Chart
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