ATM - A2 Milk Corporation Limited

[Balance]

Sale in MEL didn't happen but in ATM very possible ...$ 5 !!!!

https://www.nzherald.co.nz/business/...YLXMHRQ4WD7FI/

paywalled

"New Zealand's $9 billion meat export industry says it's nervous about China's new "live" food safety audits as apple exporters now come in for the same treatment that led to a still-unresolved halt on seafood exports."

From seafood to apples to now meat - China is applying the audit screws.

Dairy next?

Let’s hope NZ government continues to stay on the right side of trade by practising quiet diplomacy rather than the overt lapdog Aussie approach against China.

[Sampan]

It is a terribly sad sight the A2 Milk share price trend, to scary to show here.

I make no predictions as to where the bottom will be. Last time I tried that I got it wrong and it cost me several tins of tuna.

But I watch it with the same fascination as I do a volcanic eruption.

One day it will end.

I dont think we are far from the lows here. Its still a company with a tremendous amount of goodwill, a global brand with very good margins (yes yes, I realise margin is nothing if turnover is through the floor). The foreign students are going to be back in Aussie soon opening daigou opportunities, ATM will NOT fall out of the MSCI basket and at current SP, there will be plenty of suitors having a look.

[bull....]

broken support level 7.50 well and truely today

[JohnnyTheHorse]

broken support level 7.50 well and truely today

Looks like NZX short term capitulation to me. I'm scouting entry for short term bounce.

[Ogg]

Comvita share price superimposed over A2 Milk...

[hesiod]

Dairy audits underway - I know of 2 in flight with small adverse reporting resolution windows.

[see weed]

Looks like NZX short term capitulation to me. I'm scouting entry for short term bounce.

I thought the same from 2 weeks ago and have sold the last of them on open this morning at a $15,894 loss. But my 50c shares are still in the green 132k and am not selling those.

[JohnnyTheHorse]

I thought the same from 2 weeks ago and have sold the last of them on open this morning at a $15,894 loss. But my 50c shares are still in the green 132k and am not selling those.

By short term I mean very short term. I've already bought and sold

[Biscuit]

Looks like NZX short term capitulation to me. I'm scouting entry for short term bounce.

There's your short term bounce now, might be a good idea to sell back into it?

[bull....]

By short term I mean very short term. I've already bought and sold

good trade , gap open down and the rally to close the gap from yesterday.