I will put a stop loss at $9.50 if it gets there, otherwise I expect a positive announcement to send this to $12 and beyond over this week or the next.
$16 to $17 is likely by Feb19 if sales and EBITDA are on track. It is a patience game and a good time to buy after a distraught set of investors parted way with their stock following CEO sell off.
I want to hear:
- China sales exceeding expectations
- US demand very strong
- Canada expansion imminent
- Considering move to expand into Indonesia
- Supply bolstered through Fonterra and Synlait with another partner secured
- Sales run rate now expects a 50% increase year on year
Am I asking for too much?
Feelin Confident, page-17
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Last
$6.99 |
Change
-0.110(1.55%) |
Mkt cap ! $5.053B | |||
| Open | High | Low | Value | Volume |
| $7.10 | $7.15 | $6.92 | $7.476M | 1.069M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3309 | $6.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.00 | 27375 | 11 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$7.00 |
Change
-0.110 ( 2.00 %) |
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| Open | High | Low | Volume | ||
| $7.09 | $7.11 | $6.91 | 385574 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| A2M (ASX) Chart |