I once had to wait 3 days as a 19y old about a cancer prognosis = luckily negative
I once had to wait 7 days to find out if my wife makes it + she didn't
Waiting to find out whether I have less or more money than before is just noise.
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I once had to wait 3 days as a 19y old about a cancer prognosis = luckily negative
I once had to wait 7 days to find out if my wife makes it + she didn't
Waiting to find out whether I have less or more money than before is just noise.
My 2c is that it will be something which will require some detailed modelling inside the company and figuring out what a changing market looks like for margins etc:
- diagou channel being blocked
- china announcing it will look to diversify IF sourcing away from Oz / NZ
Normal market erosion of gross margin, or a strong dollar, wouldn't require such a long halt.
Other possibilities are:
- some sort of recall of product due to harmful XXX discovered
- sharetrader members too heavily invested and fate intervenes etc
shorters might be popping the champange on monday
Makes sense but a trading halt?
I confess I didn’t factor in the NZD USD exchange rate. I have USD that I want to bring back to New Zealand and it’s not making me happy. I brought back $20K at $1.52 but now it’s $1.41 which makes for a big loss on the remainder. I can only imagine the effect on a company the size of a2
If it is something China related we will have an interesting dilemma (also facing this with TWE on the asx).
Great company shut out of its major market for who knows how long. Much lower margins in other countries.
Hard to buy in these conditions until clarity is acheived.
Not going to be the exchange rate. Announcement says "we have become aware"