ATM - A2 Milk Corporation Limited

[minimoke]

Looks like the big boys are finishing the day

I know its teh end of day wash up - but isnt it nice to see a bid starting with $17

[minimoke]

May as well give trading during the day a miss. 675,000 shares crossed in the close

[sb9]

Looks like the big boys are finishing the day

I think its to do with the below...

https://www.nzx.com/announcements/335139

NZX Product Operations wishes to advise that today’s ‘Adjust’ trading session in X-stream will be extended to 45 minutes, for the NZX Main Board, Debt Market, NZAX and FSM.
This amendment has been made to accommodate the last trading date in advance of the effective date of the Semi-Annual Index Review for the MSCI Equity Indexes.
The Adjust session will operate from 5:00pm to 5:45pm. The Enquiry session start time will move to 5:45pm.

[Ggcc]

Quite interesting reading that A2 milk is now in the eye of traders, as A2 is trading on top of the Chikou line. We might get a bit of an upswing with this. I put a video up to explain the Chikou span. I am not a trader, but it sounds interesting.

https://www.youtube.com/watch?v=j-Asp6UVYRs

https://alvaradonews.com/the-a2-milk...ou-line/61027/

[couta1]

Quite interesting reading that A2 milk is now in the eye of traders, as A2 is trading on top of the Chikou line. We might get a bit of an upswing with this. I put a video up to explain the Chikou span. I am not a trader, but it sounds interesting.

https://www.youtube.com/watch?v=j-Asp6UVYRs

https://alvaradonews.com/the-a2-milk...ou-line/61027/

Its always in the eyes of traders due to its volatility, basic indicators show it's near the bottom if it's current downturn, check out the bollie bands. PS-I never look at candles.

[sb9]

Got a small top up this morning at $15.35, think its way oversold.

[couta1]

Got a small top up this morning at $15.35, think its way oversold.

Great buying and yes agree.

[minimoke]

Got a small top up this morning at $15.35, think its way oversold.

I wouldnt be getting too excited until we have a bit more clarity on the SML issue and any potential impact on volume supplies. May be better buying to come in the next few weeks.

[sb9]

I wouldnt be getting too excited until we have a bit more clarity on the SML issue and any potential impact on volume supplies. May be better buying to come in the next few weeks.

Sure, not saying that's bottom. It might go down further and that's okay.

And re SML issue, my bet is it'll be resolved one way or other.

[Ggcc]

I wouldnt be getting too excited until we have a bit more clarity on the SML issue and any potential impact on volume supplies. May be better buying to come in the next few weeks.

In simple I always believed that if SML could not provide the demand that ATM needed, Fonterra would step up as A2 milks backup plan. That should have been signed into the new contract deal between ATM and SML. I am not saying that is fact, just thinking logically. Of course if you are investing into ATM use facts rather than my logical thinking.