ATM - A2 Milk Corporation Limited

[Balance]

All the ATM shorters in this forum are getting nervous .

All the ATM shorters (59m shares as st 9 December) are getting ready for a very Merry Christmas?

[Dassets]

The shorters will be milking it for all they can!

[Mr Slothbear]

Theres nothing objective about vindictive trolling.

on another note
i don’t think this is exchange rate related as like others have said they could model that much faster. Perhaps changes to china brand health metrics they talked about?

[Balance]

The shorters will be milking it for all they can!

The trading halt certainly plays into their hands - attempt to create the FEAR & panic factor snd hope there will be a wholesale exit for the door when trading resumes.

Such are the ways of the world.

[ratkin]

If this is just an earnings downgrade then why halt till Monday?
The Synlait announcement sounds a little ominous, and it had fallen a decent amount, so it obviously not good news

[Balance]

If this is just an earnings downgrade then why halt till Monday?
The Synlait announcement sounds a little ominous, and it had fallen a decent amount, so it obviously not good news

Another QEX type situation?

https://www.nzx.com/announcements/362113

[tomm]

Guidance Recorrecting . I guess.

[Gregnz]

If this is just an earnings downgrade then why halt till Monday?
The Synlait announcement sounds a little ominous, and it had fallen a decent amount, so it obviously not good news

I don’t follow Synlait, but seems quite low volume for a sell off. Would appear just weak hands selling without any certainty as to the A2 announcement and what impact it could have, negative or positive.

[ratkin]

Guidance Recorrecting . I guess.

Synlait obviously know what it is about, and their price is down over 6% in Two days.

[BigBob]

Synlait obviously know what it is about, and their price is down over 6% in Two days.

Response to The a2 Milk Company trading halt
17/12/2020, 2:01 pm GENERAL

Synlait Milk Limited (Synlait) notes that The a2 Milk Company has entered into a trading halt having become aware of information which may require it to revise previously issued guidance to the market. The a2 Milk Company is a strategic customer of Synlait. Once an announcement is released by The a2 Milk Company, Synlait will assess this information, and the impact on its own company, and provide a further update to the market if necessary.

For more information about Synlait visit www.synlait.com or contact:
Hannah Lynch
Corporate Affairs Manager
P: +64 21 252 8990
E: hannah.lynch@synlait.com