A2M 0.69% $7.33 the a2 milk company limited

Chart Update, page-7905

  1. 251 Posts.
    lightbulb Created with Sketch. 116
    The shorts need to enter the market every afternoon to suppress the price to maintain or improve their position. Which for the time being is not a bad strategy for making money.

    Also every afternoon an algo is operating buying selling within a 1 cent range.

    I believe if a2ms marketing spend produces sales above their budgeted sales increase, then profit form those sales above budget will go straight to the bottom line, as is the case with all break even situations.

    So if sales increase above budget and marketing spend is held at around $200k hold onto your hats, profit will be accelerated.

    Shorts will be watching for this and will exit on any hint of sales above budget.
 
watchlist Created with Sketch. Add A2M (ASX) to my watchlist
(20min delay)
Last
$7.33
Change
0.050(0.69%)
Mkt cap ! $5.299B
Open High Low Value Volume
$7.29 $7.37 $7.27 $17.10M 2.334M

Buyers (Bids)

No. Vol. Price($)
6 8612 $7.32
 

Sellers (Offers)

Price($) Vol. No.
$7.35 21799 8
View Market Depth
Last trade - 16.10pm 28/05/2024 (20 minute delay) ?
Last
$7.34
  Change
0.050 ( 0.68 %)
Open High Low Volume
$7.29 $7.37 $7.28 674047
Last updated 15.59pm 28/05/2024 ?
A2M (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.