Happy to accept that, can you share your data source?
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Hey, i assume its from here.
https://www.shortman.com.au/stock?q=a2m
Interesting thanks, so it's exactly the same number as I quoted (for yesterday), at 0.06% of issued capital shorted and 432,591 shares. Hardly surprising, as I got the info from ASX. Obviously the short positions move around a lot each day, I'm not convinced they're a major factor in the decline per se, but happy to accept they are a factor.
Plenty of profit on the table right now and not surprising some will be taking that off the table. In any event, the charts are helpful to inform whether buying the down trend is a smart move or perhaps waiting for a low to kick in.
May be this has caused the drop.
Managing Director & CEO Succession
The Board of Directors of The a2 Milk Company Limited is very pleased to
announce the appointment of Ms Jayne Hrdlicka to the role of Managing
Director and CEO, to succeed Geoffrey Babidge who will retire from his role,
during calendar 2018. Geoff's retirement is part of a carefully planned
transition programme which the Board has put in place together with Geoff to
create an orderly and successful handover which is designed to ensure that
the current momentum of the business continues.
Ha ha .....Mr Beagle owns shares in a company to be run by a high flying Jetstar exec.
Without prejudice I’d say she is a good choice.
Does anyone know what the 1.7mill trades done at 9:20 with the code LA are?
Hmmm...mixed feelings on this one, not the one related Geoff leaving but the new appointee to the role.
Thought Peter Nathan would've been natural fit into this role as he has so much insight into the business with his current role. May be they need him in the more important role of looking after Asia Pacific and China operations.
agree, might be the reason why sp has been steadily decline lately