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07-12-2021, 10:31 AM
#23091
Originally Posted by Balance
That is outrageous. How can they get away with that. Don't they worry about their creditability??
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07-12-2021, 10:35 AM
#23092
Originally Posted by Rawz
That is outrageous. How can they get away with that. Don't they worry about their creditability??
No they don't and they have been playing these games with A2 for yrs now, the ASX and regulatory bodies just turn a blind eye to it all.
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07-12-2021, 10:53 AM
#23093
Originally Posted by Balance
That's easy fixed. Just do the opposite to what they announce. I am not a share holder of ATM but keep a regular eye on it.
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07-12-2021, 01:22 PM
#23094
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10-12-2021, 12:50 PM
#23095
Originally Posted by aperitif
But take the OCA analysts forecast as gospel. Thought you would be out enjoying freedom
Charts not looking very good. Third trough low never a positive sign on a downtrend, staying below 200EMA, 12wk EMA, 50day EMA, fundamentally showing more downside risk than up. Some hope from investors trying to hold and see if SP can find it's way back to EMA support levels, but there's a lot of risk built into that hope. Sounds like class actions gaining momentum. Not much really to boost confidence with market share in China still. Will see if the power of positive thinking and hope can stop lower end trough breaking down to new low levels, hope so for holders, but isn't really looking that good at this point. It's hard to cut your losses sometimes, but things continue to not look favourably :/
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10-12-2021, 12:53 PM
#23096
Originally Posted by couta1
No they don't and they have been playing these games with A2 for yrs now, the ASX and regulatory bodies just turn a blind eye to it all.
It is appalling they can get away with that. I'm surprised there are that many investors still seeming to be hanging in there with ATM, hope or the hard realisation of selling at a loss? Something is better than less than something though isn't it?
Last edited by Maxtrade; 10-12-2021 at 03:13 PM.
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11-12-2021, 08:36 AM
#23097
2021 is supposed to be the year that ATM put its problems of 2020 behind, - according to Sharetrader & the brokers’ top stock picks of the year.
Alas, ATM bombed out big time!
Minus 50.70% YTD.
Looking forward to 2022 brokers’ picks next week - if ATM is not in the list, it is a good sign imo that 2022 could be a good year for the stock.
But wait for the stock to bottom out around the $4.00 mark first.
Last edited by Balance; 11-12-2021 at 09:30 AM.
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11-12-2021, 09:36 AM
#23098
Junior Member
https://www.bloomberg.com/news/artic...-short-selling
It would be pleasing to see prosecutions, where warranted. A good outcome, especially for retail, even if it achieves nothing beyond throwing sunlight into the shady cess-pit of activist shorting.
I wrote to A2 a fortnight ago, asking whether they have had recent correspondance (FY20/21) from ASIC re shorting behaviour. No response.
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11-12-2021, 05:31 PM
#23099
Member
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12-12-2021, 01:54 PM
#23100
Originally Posted by flyinglizard
Shrinking market coupled with increased competition - margins can only go one way.
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