ATM - A2 Milk Corporation Limited

[sb9]

Edith Bailey looks a great choice as Chief Marketing Officer with plenty of insider information from Danone Nutricia’s Specialised Nutrition division.

Thanks for the charts

Really superb appointment by DB. I think DB is really getting upto speed with business now and A2 could well be the one to watch for FY22.

[winner69]

Really superb appointment by DB. I think DB is really getting upto speed with business now and A2 could well be the one to watch for FY22.

Can’t wait for DB’s big strategy / pathway to riches presentation

[Leftfield]

Can’t wait for DB’s big strategy / pathway to riches presentation

Well the market isn't waiting Winner...... it likes the unfolding story and closed a tab over $7.00. Up 38c for the day.

Onwards and upwards no worries.

[alokdhir]

With 30th June past so its certain now that no further downgrades coming and ATM meeting its revised full year guidance .

That got celebrated by 5.7% jump

Most likely worst is over but me not interested in ATM anymore ...its SP is a casino ...IMHO ...lol

[Balance]

https://www.fool.com.au/2021/07/02/t...o-jump-37/amp/

Bell Porter reaffirms price target & highlights positive export volume trend.

[winner69]

https://www.fool.com.au/2021/07/02/t...o-jump-37/amp/

Bell Porter reaffirms price target & highlights positive export volume trend.

A2 definitely over the worst of its issue

All good going forward from here

Share price could possibly be 10 bucks by announcement time late August

[Leftfield]

Crikey.... do I detect optimism on the ATM thread!?

Scary.

[steveb]

With 30th June past so its certain now that no further downgrades coming and ATM meeting its revised full year guidance .

That got celebrated by 5.7% jump

Most likely worst is over but me not interested in ATM anymore ...its SP is a casino ...IMHO ...lol

Could well be that with june 30th past this little surge could be aussies who have sold before the end of their financial year (june 30) and realised their losses,and are now buying back in with a clean slate.

[Baa_Baa]

Crikey.... do I detect optimism on the ATM thread!?

Scary.

There's room for some cautious optimism imo.

The ATM chart log scale daily (and A2M) has over 6 weeks now of a rising SP within a nice rising channel pattern, that's 29% or $1.59 gain off the low already.

The encouraging recent TA is the repeated back tests of 21EMA, then Friday boost up through and close above the 50EMA within the price gap from the fourth down grade.

100EMA at $8.12 is next short term target (50% up from the low) - whose going to wait that long to get a piece of the action.

That said, this is all still within a truely ugly overall down trend and there are more resistance levels, gaps and MA's above here than you can shake a stick at.

[Leftfield]

ATM's acquisition on 75% Mataura Valley Milk now approved by OIO and will be finalised end July.
https://www.nzx.com/announcements/375065

Crikey - more optimism.