Would say so - they do seem to like the look of A2 - either that or maybe a new significant holder?
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When do ATM update there earnings?
ATM 21/02/2013 08:30 HALFYR REL: 0830 HRS A2 Corporation Limited HALFYR: ATM: Announcement of Half Year Result The A2 Corporation Limited result for the six months ended 31 December 2012 is expected to be released to NZSX on Wednesday 27 February 2013 End CA:00233211 For:ATM Type:HALFYR Time:2013-02-21 08:30:38
The end of this rut is in sight! Well, I hope so anyway...
Am finding it tough to access info on this company.
How exactly does the company make money from the british sales? and how is a2 uk different from a2 nz
The depth is showing some promise.
there were about 2 million shares still looking for a home the last few weeks ....it has been a slow distributional process but progress is being slowly made .... today this number has shrunk to 1.1 million (asks 51c-54c). What will Wednesdays result do to this number.....?
Strong support at 50C but being only two buyers this could be an illusion.
There have certainly been some big trades in the last week or so. Each time the sellers at 51 are almost all gone, a whole bunch of new sellers appear there. I'm confident that Wednesday will break this stagnation and send the SP on an upward or downward trend. Aus sales look as strong as ever, the UK seems to be ticking along nicely and I think the NZ market has picked up so I expect a definite upward trend after this announcement. I am a holder though, so of course I would think that ;)
Thanks for the info , whenever i try to find out more about the company i hear lots about how A2 milk is relly healthy etc , and how Danny Minogue loves it . What i struggle to find info on is how the company will make money from it.
Am i right in thinking they will make their money from buying the milk from the A2 producing farmers and then selling the milk on to the supermarkets at a markup? Do they own any herds themselves?
Or will they make money by allowing others to do all the dirty work and just skim a little off the top for inventing the milk?
Looking at the market depth yesterday , it was heavily populated by sellers, might mean nothing but with result out tomorrow would of expected to see a little upward movement in the price by now
I made a flying visit to the UK last week ,and was very suprised to see the milk being advertised on TV at primetime , very professional looking ad, sparked up my interest in the company
Cracked through the sellers at 51 cents and finished on 52 cents with good volume. The mountain of sellers is much smaller now. Lets hope the profit update tomorrow meets or exceeds market expectations, otherwise I suspect there will be blood shed!