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$6.88 the a2 milk company limited

Guessing 26/8 A2M movement, page-76

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Kkkw

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26/08/21

07:23

Post #: 55577117
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Originally posted by Swage_17 ↑

I read the report and I am glad I am no longer a holder. I like the new CEO as he has included a lot more information than past reports. That's the biggest positive of the latest results. Everything else goes from bad to worse. I read almost the entire 13 page release and the only positive thing was the china label sales are expected to be higher. The rest of the business is buggered. The performance in the US is horrible in my opinion and it's only a matter of time before they exit that market like the UK.
One other positive not mentioned in the report is that H2 22, the Australian borders are likely to be open and there could be an increase in daigou sales... but this is not something that can be relied up since the company admits trends in the China market are away from international brands.

I don't know what the SP will do but the report reads about as bad as it possibly could. I will say new lows incoming (i.e. SP below $5). The only way this goes higher is on a takeover.

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You are clearly disillusioned if you think the stock is making new lows. I’d actually say it moves up from here once the initial panic sellers get washed out

A2M Price at posting: $6.86 Sentiment: Buy Disclosure: Held
7 Upvote

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(20min delay)
Last $6.88		Change 0.060(0.88%)		Mkt cap ! $4.973B

Open	High	Low	Value	Volume
$6.87	$6.93	$6.83	$8.512M	1.235M

Buyers (Bids)

No.	Vol.	Price($)
1	1471	$6.88

Sellers (Offers)

Price($)	Vol.	No.
$6.89	770	1

View Market Depth

No.	Vol.	Price($)
1	1471	6.880
1	2490	6.870
3	8259	6.860
1	5036	6.850
2	7961	6.840

Price($)	Vol.	No.
6.900	3200	2
6.910	9774	4
6.920	32036	5
6.930	5036	2
6.950	4350	5

Last trade - 16.10pm 11/07/2024 (20 minute delay)

A2M (ASX) Chart