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$6.24 the a2 milk company limited

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Tahora

1,022 Posts.

175

27/03/24

12:26

Post #: 73081607
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Originally posted by werdplaya58: ↑

With everything that has come to pass since then, and especially seeing similar developments with BUB later on, I've come to believe that Peter Nathan in particular did probably mislead everyone about the outlook in his area of responsibility (Asia Pacific region).

PN has since been cosying up to the same corporate daigou (Andy Zhang) even after the latter went on to wreck BUB in eerily similar circumstances. It suggests to me that they had mutually beneficial "understanding" which underpinned the failed strategy A2 had of "incentivising" daigou throughout all the downgrades.

I wouldn't be surprised if PN kept much of old management and board in the dark as well. I am sure that they genuinely did need a better inventory tracking system, and it's much better that they have one in place now. Transparency overall is better. Not least of all because I suspect he knew inventory wasn't moving but since it wasn't visible, there was plausible deniability.

To his credit Bortolussi is the one who came in and put an end to that strategy of incentivising daigou, wrote off the old stock, and ultimately showed PN where the door was.

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WOW!!!!
Do you have proof of any of this.
This is a bloody big call

A2M Price at posting: $6.15 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $6.24		Change -0.025(0.40%)		Mkt cap ! $4.482B

Open	High	Low	Value	Volume
$6.26	$6.26	$6.19	$4.241M	681.2K

Buyers (Bids)

No.	Vol.	Price($)
24	9853	$6.23

Sellers (Offers)

Price($)	Vol.	No.
$6.24	13093	16

View Market Depth

No.	Vol.	Price($)
22	8694	6.230
26	48766	6.220
20	49027	6.210
13	9903	6.200
13	16531	6.190

Price($)	Vol.	No.
6.240	10052	16
6.250	36415	29
6.260	39291	26
6.270	39509	13
6.280	19035	14

Last trade - 12.49pm 10/05/2024 (20 minute delay)


Last $6.23			Change -0.025 ( 0.53 %)
Open	High		Low	Volume
$6.23	$6.25		$6.19	239701
Last updated 13.09pm 10/05/2024 ?

A2M (ASX) Chart