Absolutely. And up on big volume. Second time to hit $2.30 within 3 months, will surely test this level properly in 2016, most likely before FY results. The chart since ASX listing shows a clear strong upwards trend, then compare with index for the same period. Demand for infant formula remains strong and growing, with moves taken to ramp up supply. China growth thesis intact.
Don't worry about downrampers and short sellers trying to talk the stock down for their short term games. Both TA and FA indicate that A2M is pushing higher in 2016, it will be a great stock to hold onto.
I will buy some more tomorrow, page-211
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Last
$6.32 |
Change
-0.090(1.40%) |
Mkt cap ! $4.575B | |||
| Open | High | Low | Value | Volume |
| $6.33 | $6.38 | $6.24 | $13.98M | 2.219M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2794 | $6.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.33 | 27645 | 5 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| A2M (ASX) Chart |