Possible reason for some SP traction today. Looks like Chinese Govt will not be making feared changes to Daigou trading channel.
Attachment 10168
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Possible reason for some SP traction today. Looks like Chinese Govt will not be making feared changes to Daigou trading channel.
Attachment 10168
Where’s bull.... today?
Bit quiet without him
was busy this morning doing other things other than markets , but im back in front of my computer now laughing at the volatility in a2 lol i was out yesterday as i was thinking dow would be up last night as traders like to square up ahead of long weekends and theres an old saying on wall st about holiday week reversals.
anyway so glad everyones happy .
Oz initial impression good. AUD$20m traded already and SP currently at AUD$10.08 but all over the place
Just got off plane in Melbourne and massive A2 advertising presence on a number of outside billboards. Nice to see...
If I understand shorting and TA correctly a close over A$10 would make one want to close that short position right? Yesterday we had 0.52% of issued capital as short.
Will we see $11.00 again today? Seems like a long time between milky drinks.
The certaintanty of fundamental performance of ATM is worth more than the wildly schizophrenic behaviours of market participants and commentators.
Thank you for the free 10% swing trades.
A FORMAL UPDATE
https://www.nzx.com/announcements/327245
And a very good one at that. ATM SP was being suppressed because of the uncertainties around these regulations. That uncertainty is now removed so that risk is removed so its onwards and upwards once again. We can now go back to the detail provided at the AGM which was all good news.