A2M 0.70% $7.11 the a2 milk company limited

World food shortages , A2m primed to milk that story, page-27

  1. 4,142 Posts.
    lightbulb Created with Sketch. 1806
    I'm no fan of companies turning every minor development into a price-sensitive announcement, to give the SP a sugar hit. Personally I also don't need a CEO to just make announcements to reassure me of their enthusiasm.

    For several months there during Shanghai lock downs, numerous analysts were downgrading A2M on the basis of an earnings downgrade that never came. Any news during that period would almost certainly have been bad.

    I am happy to simply see the company reporting and make my own assessment of performance based on that. However, I do think that moving to quarterly reporting would be a better model to disincentivize speculation (positive or negative - but mostly the latter currently).

    The other thing that would more tangibly demonstrate 'enthusiasm' would be a share buy back, or him personally buying shares on market. Neither of those have happened - it doesn't necessarily mean anything but I have to factor that in.
 
watchlist Created with Sketch. Add A2M (ASX) to my watchlist
(20min delay)
Last
$7.11
Change
-0.050(0.70%)
Mkt cap ! $5.140B
Open High Low Value Volume
$7.22 $7.23 $7.10 $7.360M 1.030M

Buyers (Bids)

No. Vol. Price($)
5 14728 $7.10
 

Sellers (Offers)

Price($) Vol. No.
$7.12 2023 1
View Market Depth
Last trade - 16.10pm 01/08/2024 (20 minute delay) ?
A2M (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.