A2M the a2 milk company limited

This is really a weird conversation and I have to agree with...

  1. 5,391 Posts.
    lightbulb Created with Sketch. 957
    This is really a weird conversation and I have to agree with h00ts that it's a little bizarro the mods allowing a thread essentially vilifying another poster.

    Reality check:
    H00ts is not the cause of A2 going from $20 to $5
    He typically only posts on the charts threads and stays out of fundamentals

    I'm no fan of shorts but they pushing down the price helped me buy at $1 and $2 and I've then sold at $10, $17 and $6ish. I looked at the company numbers and when management is telling you that revenue will grow but earnings aren't likely to and the PE is still (very) high then that's the problem (not some chartist). Not sure how anyone can justify a share price of more than $6 with current numbers.

    But I think 2024 numbers will be better (based on my assumptions and company potential, not based on anything the company has said) so I'm now buying again (slowly). If it gets far below $5 I'll be doubling down. May even get a bigger bargain with tax loss selling in June. In case you're wondering, I've personally never shorted a stock, I prefer to sleep at night.

    Bottom line, h00ts isn't the problem.
 
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(20min delay)
Last
$8.01
Change
0.080(1.01%)
Mkt cap ! $5.799B
Open High Low Value Volume
$7.94 $8.05 $7.88 $15.15M 1.897M

Buyers (Bids)

No. Vol. Price($)
4 39420 $8.00
 

Sellers (Offers)

Price($) Vol. No.
$8.01 52 2
View Market Depth
Last trade - 16.19pm 30/06/2025 (20 minute delay) ?
A2M (ASX) Chart
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