A2M 1.73% $5.28 the a2 milk company limited

Yes but I thought that doesn't mean much because last year they...

  1. 2,059 Posts.
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    Yes but I thought that doesn't mean much because last year they were up by over 3 times compared to the previous 11.11. I always thought hat value of sales for 11.11 is immaterial to the full year China revenue. Without knowing the values I wouldnt make any investment decisions on this fact alone (although it is definitively a positive). I would love to believe the singles day performance means the china revenue growth is stronger than expected but after seeing so many 'positive sales' screenshots from various platforms on this forum (and the SP getting smashed subsequently) I stopped giving weight to these as they dont give a full picture of performance (similar to the bad port data doesn't give a full picture of growth either). Up until now the market has ignored these 'single data points' as per Jaynes statement so I am still a bit surprised that is the reason for the SP rise today.
 
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