A2M 1.13% $6.24 the a2 milk company limited

Can someone here explain why this company with its fat profit...

  1. 890 Posts.
    lightbulb Created with Sketch. 40
    Can someone here explain why this company with its fat profit not starting to pay dividends? Are the directors to greedy to take all the money for themselves? I hold one stock with just $3m profit on its FH18 result but already paying dividends for years. Is A2 will become the most infamous pump & dump stock.

    Its reasonable to hold A2 from $3 or even $6 onwards, but not at this level. The bubble has certainly burst.
 
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$6.24
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0.070(1.13%)
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$6.22 $6.24 $6.18 $7.122M 1.146M

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Last trade - 16.10pm 15/05/2024 (20 minute delay) ?
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$6.23
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