ATM - A2 Milk Corporation Limited

[Balance]

Closed at $16.04 on the ASX - only 4c off the AUD all time high.

$16.04 is end of day close ATH.

With shorters (based upon latest ASX short positions) doing some short coverings* as the sp races higher, I sense we will see ATM have several more ATHs leading to the results announcement in August.

* The last time shorters scrambled to cover, the sp raced from A$10.79 in Jan 2019 to A$14.27 in early March 2019 - 32% sp increase.

Beats me how the shorters think they can make money by selling low and buying back high but hi, they supply stock at cheap prices and then, buy stock at higher prices so ATM shareholders should be most grateful!

[silu]

A while ago a 10% jump wouldn't have done that much to my portfolio but now a 10% jump is so big it makes my eyes water. There will be a time when I decide to seriously take come cream off the top but it is not at least until August.

[Joshuatree]

Think there would be a some here argue about being a 'set & forget' stock - then there are a few here trading in & out and taking plenty of opportunity on the dips.

Jeepers, last week went from $15.00 to $16.61 - if that is paint drying, I'll take it!

Blimen heck , i blinked

This has been hijacked from a hijacker (thanks btw). Pink Floyds song "Money" comes to mind for some reason.

https://insights.ovid.com/crossref?a...00000000-96393

"Conclusions: Replacing conventional milk with A2 milk reduced gastrointestinal symptoms associated with milk intolerance in Chinese preschool children, with corresponding improvements in aspects of cognitive performance."

[NZSilver]

If markets continue ATM is heading to NZD mid $17's over next few weeks.

[Lewylewylewy]

... There will be a time when I decide to seriously take come cream off the top but it is not at least until August.

I think you mean "some cream". "Come cream" is a different thing lol

[silu]

I think you mean "some cream". "Come cream" is a different thing lol

hahaha. I don't even want to change that now.

[tipsy]

New ATH over the ditch.

[limmy]

New ATH over the ditch.

Sorry, what does ATH stand for ?
Thanks in advance.

[Ggcc]

Sorry, what does ATH stand for ?
Thanks in advance.

All Time High

[limmy]

All Time High

Thanks Ggcc, I wouldn't have figured it out.