Australia's largest stock trading and investment forum Australia's #1 stock forum

A2M

Click for more information

1.22%

$6.63 the a2 milk company limited

Chart Update, page-7899

First 7899 Last

Share
Profile

Follow
Cotton2103

1,347 Posts.

364

16/10/19

11:09

Post #: 40905332
Share

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.

Expand

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

Reply

There are more pages in this discussion • 16,900 more messages in this thread...

First 7899 Last

Add A2M (ASX) to my watchlist

(20min delay)
Last $6.63		Change 0.080(1.22%)		Mkt cap ! $4.735B

Open	High	Low	Value	Volume
$6.57	$6.68	$6.55	$2.892M	454.7K

Buyers (Bids)

No.	Vol.	Price($)
3	1175	$6.63

Sellers (Offers)

Price($)	Vol.	No.
$6.64	8	1

View Market Depth

No.	Vol.	Price($)
2	414	6.870
2	2812	6.740
1	2000	6.700
16	11697	6.690
3	1714	6.680

Price($)	Vol.	No.
6.230	29	1
6.310	51	1
6.350	20	1
6.400	5	1
6.410	46	1

Last trade - 10.02am 17/05/2024 (20 minute delay)


Last $6.56			Change 0.080 ( 0.71 %)
Open	High		Low	Volume
$6.57	$6.66		$6.53	63749
Last updated 10.19am 17/05/2024 ?

A2M (ASX) Chart