A2M 0.30% $6.68 the a2 milk company limited

Coppo report- a2m $20 target !

  1. 207 Posts.
    lightbulb Created with Sketch. 11
    So according to Shortman as of Tue Feb 19, 5.97% A2M was shorted.  As Coppo says shorters will have to decide
    whether to keep going or quit. I'm not really sure whether shorters have covered much so far. If they were seriously buying you'd think the SP might have even spiked higher?

    There's about 733 million A2M shares on issue. 6% shorted is approx 44 million shares. At $14 each, about $616 million.
    Daily trading volumes seem to be about 2 to 3 million shares. How you cover 44 million quietly, I'm not sure??
  2. 966 Posts.
    lightbulb Created with Sketch. 34
    Yesterday's volume was  like 12 mil shares on the ASX alone which was around $160 mil.
 
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Last
$6.68
Change
-0.020(0.30%)
Mkt cap ! $4.829B
Open High Low Value Volume
$6.70 $6.71 $6.61 $6.477M 971.9K

Buyers (Bids)

No. Vol. Price($)
4 12782 $6.68
 

Sellers (Offers)

Price($) Vol. No.
$6.69 15324 5
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Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
A2M (ASX) Chart
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