A2M 2.25% $7.28 the a2 milk company limited

Market should have gone lower today, but went green. Macro and...

  1. 1,019 Posts.
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    Market should have gone lower today, but went green. Macro and politics were looking frail, still is.

    Congrats to everyone who held onto some or all A2M shares in FY20, the most volatile year so far.

    Now that we're in July, true colours are about to get displayed of some stocks.

    1. Share dilution will ruin dinner plans.
    2. Goodwill writedowns will come in and firms will make it their mission to confuse gullible investors with "one-offs", "underlying" and "statute".
    3. Accounts receivable will also throw some tantrums there.
    4. Inventory writedowns will also be shown, guess nobody bought that inventory as people are busy saving money after losing their jobs.
    5. Covenant breaches. Haha- promises were meant to be broken.
    6. Changes in fair value of company owned assets. Balance sheet issues. Opps didn't think that would take a hit, CEOs will say.
    7. Changes in business and consumer credit.

    The list goes on and on...

    Confession month has just begun..



 
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Last
$7.28
Change
0.160(2.25%)
Mkt cap ! $5.262B
Open High Low Value Volume
$7.15 $7.32 $7.11 $29.92M 4.129M

Buyers (Bids)

No. Vol. Price($)
1 4936 $7.27
 

Sellers (Offers)

Price($) Vol. No.
$7.28 70643 4
View Market Depth
Last trade - 16.10pm 27/05/2024 (20 minute delay) ?
Last
$7.29
  Change
0.160 ( 2.20 %)
Open High Low Volume
$7.16 $7.32 $7.11 967786
Last updated 15.59pm 27/05/2024 ?
A2M (ASX) Chart
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