More regs on the E commerce platform
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More regs on the E commerce platform
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broke the $14 support level , see what happens by end of day for significance
Anyone wanting to take a 5% shareholding in A2 is looking at a great opportunity for the long term approach. I won’t be selling any time soon and am waiting for the possible takeover or I will continue to hold longterm. Either way good for me.
11m additional shares shorted in the last 3 weeks - https://www.shortman.com.au/stock?q=a2m
There is something perverse in the shorting - they were covering at ever higher prices until a months ago, and now they are shorting at decreasing prices.
Coming back for more punishment?
Sell low, buy high.
Bizarre! :D
yep, in next 3-4 months it will reach another high.
if you are a2 believer then ride through rough waves....
A2 is 70% of my portfolio and up over 450% since 2016 :cool:. one of the my best performing investment since 2016.....
Unrealised P/L
(NZD)% of Portfolio
486.9% 73%
https://www.raskmedia.com.au/2019/06...ce-is-falling/
Why The A2 Milk (ASX:A2M) Share Price Is Falling
According to following link this company may add value for shareholders over time and by 2022, ATM’s earnings should reach NZ$368m, from current levels of NZ$196m, resulting in an annual growth rate of 21%.
https://simplywall.st/stocks/nz/food...the-next-year/
At the moment, it's more a question of how far it can drop before plateauing or more comforting news is released that helps investors calculate future returns in light of the new playing field.
Last year even ATM reported a very solid report, but SP price still tanked. Pundits said the numbers were below their expectation, but sincerely the figures that they were expecting were way over the moon. So I don't think the SP would follow a similar trend this year, particularly considering what UBS has done in recent weeks. Testing the major support zone at AU$12.57 (~NZD$13.19) is very likely.
might be breaking down thru 14 support