Morgan Stanley’s 5m put option at $7.88 expires on 15/04 . A temp bottom has already formed around $7.7- 7.8 and there is no reason why $7.88 cannot be heavily contested next week. Whoever sold the put to Morgan will defend $7.88 . This will also give time to Citi to cover their shorts ( Citi target $7.15) . After all this potential flurry of activities , we’ll be close to quarterly. My rear has on my local Daigou shop seems to match what a few other posters street level research. A 50% volume on A2 at Daigou level. Using 2H 2020 as yardstick that gives you a ANZ IF revenue of 200m comparable to 1H 2021 .This expectation plus a fast expansion and revenue increase in China and a CEBC in recovery from logistic delay and plus a break even US result , I cannot see why $ 1.4b forecast cannot be met.
Above is my educated guess at best but let’s see how it plays out next week.
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Last
$5.90 |
Change
-0.090(1.50%) |
Mkt cap ! $4.271B |
Open | High | Low | Value | Volume |
$5.96 | $5.97 | $5.86 | $19.03M | 3.213M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4800 | $5.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.91 | 29913 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4800 | 5.870 |
7 | 15150 | 5.850 |
3 | 9768 | 5.840 |
2 | 55752 | 5.830 |
6 | 23455 | 5.820 |
Price($) | Vol. | No. |
---|---|---|
5.910 | 29913 | 3 |
5.920 | 24570 | 3 |
5.930 | 23959 | 2 |
5.990 | 4029 | 1 |
6.000 | 2395 | 5 |
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