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2.87%

$6.10 the a2 milk company limited

Thanks S17,Yes challenging times. Confident if news does come...

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Cotton2103

1,347 Posts.

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16/10/19

11:09

Post #: 40905332
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Originally posted by Swage_17: ↑

Yup... the steady decline begins after 12 or 1.... Might not happen today but I still wouldn't get too excited about it for 3 reasons.
1. There is a lower gap
2. Some of the shorts might be exiting on the off chance there is a positive announcement tomorrow (at this stage there isn't even a guarantee that A2m will make a presentation, let alone release price sensitive news). If there is no such announcement, I expect the shorts to return
3. Lower gap.

Overall still a good sign... I would rather it was spiking up and settling back to the low 12s rather than spiking down and settling at low 12s. I personally think that as long as the investor presentation is like last year where they update the number of stores (and these numbers are impressive), we will either see the start of a gentle uptrend or atleast sideways choppy movement which is generally trending higher. On the flip side, any indication that revenue growth will be under 28 - 30% and we will be making a fast trip to the $10 range.

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Thanks S17,

Yes challenging times. Confident if news does come out tomorrow with JZ's analysis and general movement of stock I can physically see. Cluck the shorters.

GLTALTH.

A2M Price at posting: $12.61 Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

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(20min delay)
Last $6.10		Change 0.170(2.87%)		Mkt cap ! $4.409B

Open	High	Low	Value	Volume
$5.95	$6.12	$5.94	$21.72M	3.585M

Buyers (Bids)

No.	Vol.	Price($)
1	1502	$6.08

Sellers (Offers)

Price($)	Vol.	No.
$6.11	24220	3

View Market Depth

No.	Vol.	Price($)
1	1502	6.080
1	8149	6.070
4	32358	6.060
3	17634	6.050
1	8149	6.040

Price($)	Vol.	No.
6.110	24220	3
6.120	43893	7
6.130	11334	2
6.140	9549	3
6.150	30514	15

Last trade - 16.10pm 30/04/2024 (20 minute delay)


Last $6.10			Change 0.170 ( 3.22 %)
Open	High		Low	Volume
$5.95	$6.12		$5.94	1309046
Last updated 15.59pm 30/04/2024 ?

A2M (ASX) Chart