A2M 0.16% $6.23 the a2 milk company limited

Chart Update, page-17552

  1. 456 Posts.
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    Will $7-7.20 defend further decline?

    I exited $120K+ from A2M above $13.50; I am keeping it in cash. If A2M comes to fair value (IMHO fundamentally SP around $6-6.50) then I may redeploy some of those funds. I want to invest at average price below $6.50. If I achieve it I will have doubled my stake from what I used to hold before I exited this.

    I am investor (only interested in medium to long term hold) so thinking to start buying small lots below $7 and go for 6 lots of $20K at every 4-5% drop all the way up to $5.50. If I achieve that I will get @19000 shares @$120K, average price @$6.30

    @h00ts Will be interesting to hear your technical analysis on support levels!

    I am not interested in buying above $7.30; if A2M doesn't go below $7.30 I have nothing to lose - I will look for other opportunities.
 
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