Good volatile 68c spread for the day, shorters have a short window open to get out of jail before the SP increase leading up to the AGM on the 20th, they won't want to bet their shirts on what's going to be said on that day.
i doubt they will give a yearly forecast as they dont know the new regs yet , only be how the current yr to date is going.
YTD will be good plus plenty of other goodies could be mentioned, too much risk for savvy shorters.PS-Looks like NZ punters got a bit too negative with their $10.15 close.
YTD will be good plus plenty of other goodies could be mentioned, too much risk for savvy shorters.PS-Looks like NZ punters got a bit too negative with their $10.15 close.
Nice to see some uprating of A2's SP possibly influenced by;
1.) A2's CEO attending/addressing China's International Import/Export talkfest 2.) Encouraging words re free trade and imports from China's leader Xi at the same meeting 3.) Encouraging news of huge pre-orders of A2 IF ahead of the 11/11 one-day sale
Sales and volume holding up. Volume in China is increasing, E Commerce very important platform. No issue with English Language labels going into China, Trying to diversify across as many platforms as possible to de-risk regulations. Milford took profit at peak. Seem to be winning market share in China. E-commerce regs are major risk - they need to show that it is managed.
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