A2M 2.20% $5.77 the a2 milk company limited

Have not seen the supposed Citi downgrade but how can you take...

  1. 2,357 Posts.
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    Have not seen the supposed Citi downgrade but how can you take it seriously when yesterday morning they posted this positive article.... Talk about being two faced, perfect way affect your credibility if the downgrade is true as they took less than 24hrs to do a complete 180. I suppose if all makes sense with the rising number of A2 shares shorted and where Citi would like to SP to go to profit from it.




    Miners and other exporters to lead profit growth

    With commodity prices remaining high, Australia's biggest company BHP is expected to mirror last week's bumper profit from Rio Tinto.
    Companies in other sectors that are also reliant on China are likewise tipped to do well.
    "Among them will be Treasury Wines, then there's the makers of baby formula Bellamys, and A2 Milk, which is a New Zealand company incidentally but listed here," Citi Research head of equities Tony Brennan said.
    "They'd be two areas where individual stocks stand out."
    Then there's the United States, where strong economic growth combined with the weaker Australian dollar should help Aussie companies who operate in the US.
 
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Last
$5.77
Change
-0.130(2.20%)
Mkt cap ! $4.171B
Open High Low Value Volume
$5.87 $5.91 $5.77 $8.457M 1.452M

Buyers (Bids)

No. Vol. Price($)
4 12297 $5.77
 

Sellers (Offers)

Price($) Vol. No.
$5.82 7000 1
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Last trade - 16.10pm 23/08/2024 (20 minute delay) ?
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