It's possible that some people may want to switch back from A2 to homebrand milk, however, the likelihood of such must be small. Who's so desperate to save few dollars a week on milk? Regardless of the first proposition A2 is ramping up/reigniting its distribution of its fresh milk in China. Aussie may not have been aware of this as the larger more organised and corporate daigous are advertising a larger footprint of fresh milk delivery across China. More cities and lines been opened just like how we are rolling out the fresh milk business in North America.
It all made sense as the airlines nowadays are having close to no business at all apart from some freights. The free up of capacity combined with a crashing oil price and relatively low AUD making the fresh milk business more viable compared to the past. This should at least partially explain the recent strength in A2M's share price.
All in all, the company is doing great. $20 must be in sight soon. Although I'm not a technical person my gut feeling is that the big player(s) are consolidating. Once the sellers below $20 are exhausted it will shoot up again.
Good luck to all holders.
- Forums
- Charts
- h00ts A2m covid-19-technical analysis thread !
It's possible that some people may want to switch back from A2...
-
- There are more pages in this discussion • 148 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add A2M (ASX) to my watchlist
(20min delay)
|
|||||
Last
$6.55 |
Change
0.310(4.97%) |
Mkt cap ! $4.735B |
Open | High | Low | Value | Volume |
$6.29 | $6.58 | $6.27 | $31.16M | 4.836M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 11796 | $6.51 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.55 | 60520 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 251 | 6.680 |
1 | 286 | 6.670 |
1 | 1000 | 6.600 |
1 | 1522 | 6.590 |
1 | 1000 | 6.580 |
Price($) | Vol. | No. |
---|---|---|
6.230 | 800 | 2 |
6.310 | 51 | 1 |
6.480 | 1000 | 1 |
6.500 | 2683 | 3 |
6.510 | 500 | 1 |
Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
|
|||||
Last
$6.51 |
  |
Change
0.310 ( 4.44 %) |
|||
Open | High | Low | Volume | ||
$6.29 | $6.57 | $6.28 | 849707 | ||
Last updated 15.59pm 16/05/2024 ? |
Featured News
A2M (ASX) Chart |