I think a2 are moving away from relying on student and corporate daigou by ramping up other distribution channels, e.g. mother and baby stores.
Think FMCG companies have sales mix and distribution channel problems all the time. A2 execs will sort it out.
None of our corner stone shareholders e.g. Vanguard, Blackrock have sold down.
Even the shorters are now getting in and out during the same day. Short in the morning, out in the afternoon / auction.
Their algos are running out of steam as the last of the highly geared margin loan "trading" shareholders are being "stopped out".
I think a2 are moving away from relying on student and corporate...
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Last
$6.62 |
Change
-0.040(0.60%) |
Mkt cap ! $4.793B | |||
| Open | High | Low | Value | Volume |
| $6.64 | $6.71 | $6.61 | $787.1K | 118.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 6122 | $6.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.62 | 1082 | 9 |
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| Last trade - 11.02am 02/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |