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13-10-2021, 08:32 AM
#22881
Originally Posted by Master98
This legal action could last for years, creating great uncertainty to share price, it is really not good, best scenario for A2 milk may be this case settled outside court with fork out hundred of millions dollars.
Doubt A2M will do that as there’s billions of dollars at stake and any settlement could open up the floodgates from those standing on the sidelines?
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13-10-2021, 08:36 AM
#22882
But all is not lost.
https://www.fool.com.au/2021/10/08/t...ce-to-jump-30/
Bell Porter bullish on A2M - believes stock is on recovery path & trading on undemanding metrics.
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13-10-2021, 08:57 AM
#22883
Originally Posted by Balance
Lol $7.70 is still eons away from $20 odd and thats a bullish target.
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13-10-2021, 09:01 AM
#22884
Originally Posted by couta1
Lol $7.70 is still eons away from $20 odd and thats a bullish target.
Why would anyone bother with a 30% upside on a stock which is trading on very demanding multiples again at a backdrop of micro & macro headwinds?
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13-10-2021, 12:34 PM
#22885
Member
https://www2.asx.com.au/markets/company/bub
BUB today's presentation: China: All channels in High Growth.
Can't see any reasons why ATM is unable to do the same given the fact A2 is a much stronger brand.
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13-10-2021, 12:44 PM
#22886
Originally Posted by Lease
Couldn't agree more. When is stock is beaten and written off (close to) by wider market, expect the unexpected. Not saying it'll move back to $20 rapidly but if things tracking well $10 could be here very soon.
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13-10-2021, 12:45 PM
#22887
Originally Posted by Lease
Love the headline China: ALL CHANNELS IN HIGH GROWTH
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13-10-2021, 12:47 PM
#22888
Originally Posted by Lease
That's an amazing turnaround by BUB.
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13-10-2021, 01:34 PM
#22889
Up 8% today. Have ATM actually had any news today to warrant such a rise. Or is it simply off the back of BUB? Seems an unusually strong daily rally for ATM with the lawsuit in gear.
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13-10-2021, 01:38 PM
#22890
Originally Posted by Maxtrade
Up 8% today. Have ATM actually had any news today to warrant such a rise. Or is it simply off the back of BUB? Seems an unusually strong daily rally for ATM with the lawsuit in gear.
Just the flow on hype from Bubs.
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