So an Insto sold? Big deal. All you short term monkeys have no idea how to make serious money.
Read this.
http://m.scmp.com/news/china/money-...ign-firms-boosted-chinas-new-law-baby-formula
Then remember this.
"The Chinese infant formula market is expected to increase from $18 billion to over $30 billion by 2017."
Then remember the one child policy is scrapped.
Now put 2 and 2 together..
That = Long term lock.
Trade it if your only interested in small gains and prepared to miss the boat. The amount of guys I see worrying about 10-15 cent drops just annoys me. Talk about no balls.
LOL at the people getting out. $4 next Xmas, page-39
Add A2M (ASX) to my watchlist
 (20min delay)
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Last
$5.28 |
Change
0.090(1.73%) |
Mkt cap ! $3.822B | |||
| Open | High | Low | Value | Volume |
| $5.23 | $5.29 | $5.14 | $18.87M | 3.614M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12652 | $5.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.29 | 3513 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |