Jayne is purging...
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Jayne is purging...
Could be a few more. Michael Bracka hadnt been there long. A year and a bit - perhaps not enough runs on the board.
http://nzx-prod-s7fsd7f98s.s3-websit...082/292097.pdf
Probably bring in more of her former girlfriends from JetStar so they can enjoy high tea at many of the Michelin star restaurants around the world.
Get rid of the old management after all they were such dreadful "underperformers" Good luck to holders...a poor CEO can really wreck havoc with a good company.
Just under 50m shares shorted!
Either they are very right or going to be very wrong when they cover!
Recent NZ$ dollar strength versus A$ has not helped volatility.
Here's hoping that 12/12 Shopping Extravaganza may reward holders with a breakout SP
DOW futures appears to be recovering nicely for a positive Monday open (NZ Tues)
Nice to see ATM holding up well this week.
$10.89 at close today. At the end of Dec 2017 ATM was $8.07, so a gain for the year around 35% seems possible. Not bad given the overall state of the markets in 2018.
For sure, nice to see a true growth company SP rebelling against the the wider market doldrums. It will attract attention, money goes looking for upside when all around it's downside. Those 10/11 Oct lows were great buying but with the sentiment at the time it's understandable if few took advantage of it. Nevertheless, A2M (which I chart as ATM is too illiquid by comparison), the pattern described recently has broken out, back tested and it's the 200MA resistance above that's next on the agenda, with the declining trendline above that. Big ask in a sh1t market, but as long as those growth numbers keep coming in, it's on the cards.
Nice to see ATM back above $NZ11.00 today (hope I don't put a hex on it!)
Apparently Motley Fool is reporting that Goldman Sachs are noting that A2 had a strong month sales month in the Chinese on-line market. GS believes that the online sales pick-up since September has not yet been captured by the A2 share price and has a buy rating and NZ$13.40 (A$12.72) price target.
......as always DYOR
Normally NZ follows ASX with ATM but today NZX seems to be weak with a 25cents difference with NZX price down. Wonder why??
I see some company has noticed a so called Top Triangle pattern and reckons the price will fall to the $6.40-$7.00 range, these guys should have done more Geometry at school, obvious shorters or some other hidden motive.Lol