Well....this for me was the post of the day.
Printable View
I reckon as at today A2 are down about 50% on their $280m 'investment' in Synlait
Pretty costly strategic positioning
Probably their new venture will be costly as well
I am still holding, extremely disappointing, would you be a seller now? I see the advantage of index ETFs
price will still have to fall quite a bit yet to catch up with implied fundamentals going forward then will trade in no - mans land until fundamentals stabilize sometime in the future.
Yes. If unsure I would sell a portion. Strangely u can still see more downside even though the price has come off as much as it has. And then there's the MSCI decision due out this month. Obviously very disappointing and will rise again though not for at least one year. Institutions are still processing the latest from company. Some good analyses done above
Synlait was the forward indicator on this one, only last year with their bad management news coming to surface in the MSM yet we have seen key people running from the company over the prior year up to that and the link with A2. It unwinding may well be shocking, so is the reality so few people did see it and exit earlier. Blinded by the story and share price success.
Maybe they should put the daigous on the payroll.
Charts with Fractal Chaos Bands often look really cool - some times more so from an artistic point of view, beautiful image etc
The ATM chart at the moment below
Maybe in a few years time there will be a stair way to heaven showing