https://nzx.com/companies/ATM/announcements/305037
Another step closer to CFDA registration....just matter of time before they get the approval.
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https://nzx.com/companies/ATM/announcements/305037
Another step closer to CFDA registration....just matter of time before they get the approval.
"Liquid gold"
gutted..sold at $2.80..should bought back when it was $2.44 but kept telling myself it was overpriced.....grrrgrrrr
yes, thanks for that link. Great day for the stock.
Yes, I think the market is pricing in the CFDA approval and also surge in A2 brand image.
The current rerating might take it close to $5 mark before the results are out on 23rd Aug.
Another thing to note is lower % of shorting overs past 4 to 5 trading days, which I presume is due to shorters taking into account the likelihood of a dividend to be announced as mentioned by Geoff in one of earlier presentations last year.
And what's left after all this is the elephant in the room "Pending Lion case" and if that goes A2's way (most likely it'll), then all external constraints removed and increased supply from Synlait should help the company realise its true potential in earnings.
As always DYOR.
Wow I'm blown away by the performance of this stock and I've really missed the boat selling out. Question now is if is this is a risky decision to buy back at this price? Surely there'll be a pull back at some point, but I've been thinking that since $3. It really is seeming unstoppable at this point.