A2M 0.18% $5.62 the a2 milk company limited

h00ts A2m covid-19-technical analysis thread !, page-328

  1. 394 Posts.
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    I think it's likely A2 will under-perform the market over the next 6 months mainly due to it's own success, no doubt its a fantastic company with a great future and shares will likely be worth a lot more this time next year but I sense a sell-off coming into August. The reason I think so is due to the pantry buying being exhausted which will inevitably cause a slower quarter / half which will lead to opportunistic shorters who will jump on board along with the brokers playing their games.

    A2 Milk is now a $14B NZD company, in order for it to grow 10% it needs to add $1.4B dollars to it's market cap, these are big numbers now lads with a lot of success baked into the price, I just can't see it adding too many more billions to the market cap too quickly.

    But then again everyone will just say I'm down ramping because I sold all my shares at $18 AUD.
    Last edited by qwertyt179: 30/04/20
 
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Last
$5.62
Change
-0.010(0.18%)
Mkt cap ! $4.097B
Open High Low Value Volume
$5.69 $5.74 $5.60 $6.307M 1.112M

Buyers (Bids)

No. Vol. Price($)
1 3 $6.18
 

Sellers (Offers)

Price($) Vol. No.
$5.33 36473 8
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Last trade - 15.59pm 13/09/2024 (20 minute delay) ?
A2M (ASX) Chart
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