A2M 0.00% $7.12 the a2 milk company limited

The New Dynamic towards ~$1.50

  1. 3,697 Posts.
    lightbulb Created with Sketch. 299
    Now that A2M has zoomed past $1, it's only going to hit more headlines and more and more mums and dads will start pouring in. I believe that there's a new dynamism in the stock that we shall see from today onwards. Gone are the days whereby the average trading volume is <500,000. There's a lot going on for this company, amongst them include (non exhaustive):

    1. Massive growth in infant formula product
    2. New big shareholders (which may have takeover intentions at the end)
    3. USA and UK markets picking up and getting to be profitable
    4. China market getting profitable this year.
    5. Expansion into other product categories, UHT, Ice-cream, Infant Milk (in UK and USA).

    All the above will just help the company to increase earnings, and set the stage for us shareholders to move towards $1.50 within the next 3-6 months horizon. (I really do hope I've sold my investment property to invest in A2M back when it was in the 60s now...)
 
watchlist Created with Sketch. Add A2M (ASX) to my watchlist
(20min delay)
Last
$7.12
Change
0.000(0.00%)
Mkt cap ! $5.147B
Open High Low Value Volume
$7.12 $7.22 $7.10 $9.894M 1.383M

Buyers (Bids)

No. Vol. Price($)
3 8593 $7.11
 

Sellers (Offers)

Price($) Vol. No.
$7.13 15503 4
View Market Depth
Last trade - 16.10pm 04/06/2024 (20 minute delay) ?
Last
$7.12
  Change
0.000 ( 0.10 %)
Open High Low Volume
$7.10 $7.21 $7.10 633441
Last updated 15.59pm 04/06/2024 ?
A2M (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.