At the moment , there is a little panic from NZ due to Syntlait post an unpredicted outcome and assump that A2M will be down also. I think the insto's have already taken everything into accounts. I see a tremendous support from the buyers.
There were 11 mils of shares changed hand yesterday which is very steady. How about ASX? surprise or unsurprise??
I reckon the tin/cans manufacturer for A2 is also down as such.
Should turn our minds now to what the new CEO is likely to do over the next 6 months.
My gut feeling with zero DD:
CEO will sit on his hands, do nothing, milk it all he can and then leave with a bunch of worthless ATM shares at the end of his tenure, ATM to dive down deeper
Must be very very very satisfying to see that Forbar is following you (again)?
Maybe their analysts have spent a fair bit of time at airports and have noticed that Beagles can sniff trouble coming from a fair way off
They're pretty good at finding food too
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Speaking of milking the company and leaving, I must say it gave me some sick satisfaction seeing Hrdlicka getting boo'd at the Australian Open
She wasn't boo'd. Her general comments about vaccinations were. And I still think she was shafted badly by the Board. I still think her plan of spending heaps on marketing was and is the right way forward. ATM is a marketing company at heart imo.
She wasn't boo'd. Her general comments about vaccinations were. And I still think she was shafted badly by the Board. I still think her plan of spending heaps on marketing was and is the right way forward. ATM is a marketing company at heart imo.
Agreed.
BOD wanted their cake and ate it at the same time. Wanted high margins without more spending. And don’t forget who screwed up going into the UK.
Jayne had the right strategy - long term gain for short term pain - and sp today would be $15 instead of $10 if she had been allowed to follow through with her strategy.
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