are the bulls actually paying attention to the information flow......I mean joining the dots of information
the company had a caveat to being able to meet the last downgrade expectation
The outlook for FY21 assumes the actions being taken to re-activate the daigou/reseller channel delivers a significant
improvement in quarter-on-quarter growth from 3Q21 to 4Q21.
I think it is clear that the daigou market has not significantly improved so IMO pretty obvious another downgrade is on it's way.
One has to understand consumer habits as well and the longer the daigou market remains constrained the less likely consumers are to return to it to purchase a limited shelf life product.........in other words consumers will have moved on to other products and other means of purchasing.
Chart Update, page-18771
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$6.86 |
Change
0.005(0.07%) |
Mkt cap ! $4.941B | |||
| Open | High | Low | Value | Volume |
| $6.88 | $6.90 | $6.78 | $4.638M | 678.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1597 | $6.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.86 | 16894 | 17 |
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| A2M (ASX) Chart |