If they had significantly downgraded the Guidance earlier that would have been better. SP wouldn’t have fallen by more than 40%. And when actual results are out as per the guidance the Sp would have gone either sideways or at least not suffered that much.
If the result were better than previously forecast then market would love it. Rather they are providing downgrade after downgrade after downgrade. SP $20 to $18 to $16 to $13 to $10 to $8.
A dead cat. With the changed management it even harder.
INITIALLY got in at $18, however, I still believe in the company and have been dollar cost averaging since then.
if we get another downgrade A2milk success story is finished in my point of view.
DON'T PANIC A2 HOLDERS, YOU ARE IN A BETTER SPOT THAN MOST, page-322
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Last
$7.16 |
Change
0.020(0.28%) |
Mkt cap ! $5.176B | |||
| Open | High | Low | Value | Volume |
| $7.16 | $7.23 | $7.07 | $18.04M | 2.526M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4213 | $7.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.16 | 17242 | 2 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |