the point (which was not explicit but I thought you would pick up on from past correspondence) still stands that company announcements or lack thereof do no necessarily determine share price. Up until a couple of months ago the SP of BYND was down around 70 % from the all time high. By the way you calculated A2m sp fall from the peak before the AGM, the fall in SP for beyond meat was a whopping 300% (by your method a2 milk price had fallen 40% from 17 to 12 ... the actual drop was 30%).
You have this expectation of lots of announcements. Once companies are no longer micro cap companies, regular updates on the most smallest things end. How often does CSL provide updates? Its market cap is large enough to easily be included into the DOW 30 and no surprises, there are hardly any price sensitive updates.
if you want regular updates, do what I did and buy some risky stocks with a low market cap like AVH and PNV. They have gone from 0.3bn market cap to almost 2bn in a year... there are updates all the time...at the rate they announce updates, a2milk would be putting out a price sensitive update saying their sales team in china has gone from 200 to 204 and one of the older sales rep has retired.
you keep criticizing a2 management when they aren't doing anything wrong. If you were a csl holder you would be losing your mind on why they haven't updated regarding a Corona virus vaccine or why weekly updates for their latest block buster drugs aren't being provided.
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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. |
---|---|---|
$5.29 | 3513 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 5.270 |
1 | 5 | 5.230 |
1 | 133 | 5.220 |
7 | 3303 | 5.200 |
2 | 100000 | 5.180 |
Price($) | Vol. | No. |
---|---|---|
5.300 | 648 | 2 |
5.310 | 1291 | 3 |
5.320 | 100 | 1 |
5.330 | 2000 | 1 |
5.350 | 379 | 1 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
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