ATM - A2 Milk Corporation Limited

[blobbles]

Be weary here, the charts look very close to a pump and dump IMO. The question is are we at the 1st, 2nd or 3rd massive rise...

[stoploss]

Be weary here, the charts look very close to a pump and dump IMO. The question is are we at the 1st, 2nd or 3rd massive rise...

The millions that have been going through ( + parcels of 2 mio + ) , don't look like the typical day trader buying a million of a penny mining stock ?

[Harrie]

More than I thought too.
Average application around 10,500 shares out of a possible 22000 odd shares.
Those that went for full $15k worth picked up 1687 shares. Compared with $1.07 today then a gain of 39c per share or $658.00. Not a bad return for outlaying $15k for a week or so. Still its a 4.38% net return and assuming a week opportunity cost, an annualized return of 228.10%. Bit better than $15k in the bank for a week I reckon.

[theace]

More than I thought too.
Average application around 10,500 shares out of a possible 22000 odd shares.
Those that went for full $15k worth picked up 1687 shares. Compared with $1.07 today then a gain of 39c per share or $658.00. Not a bad return for outlaying $15k for a week or so. Still its a 4.38% net return and assuming a week opportunity cost, an annualized return of 228.10%. Bit better than $15k in the bank for a week I reckon.

(like)

[Bjauck]

More than I thought too.
Average application around 10,500 shares out of a possible 22000 odd shares.
Those that went for full $15k worth picked up 1687 shares. Compared with $1.07 today then a gain of 39c per share or $658.00. Not a bad return for outlaying $15k for a week or so. Still its a 4.38% net return and assuming a week opportunity cost, an annualized return of 228.10%. Bit better than $15k in the bank for a week I reckon.

I am not surprised that not all shareholders applied for the full $15,000. Big increase in share price and good news came out after the beginning of the SPP for small investors. For many smaller shareholders scraping up $15,000 at relatively short notice would have been difficult.

[blobbles]

More than I thought too.
Average application around 10,500 shares out of a possible 22000 odd shares.
Those that went for full $15k worth picked up 1687 shares. Compared with $1.07 today then a gain of 39c per share or $658.00. Not a bad return for outlaying $15k for a week or so. Still its a 4.38% net return and assuming a week opportunity cost, an annualized return of 228.10%. Bit better than $15k in the bank for a week I reckon.

What about if you had put 15k into ATM shares a week ago? Round about a $1200 gain if sold at current SP!

[Harrie]

What about if you had put 15k into ATM shares a week ago? Round about a $1200 gain if sold at current SP!

Sure, there are many different ways of looking at it. You can choose between a risky investment or a riskless one. $658.00 is riskless $1200 is speculative.

[see weed]

SPP= TWOT=Total Waste Of Time, if we are only getting 1687. It is worse than GNE float. You would of been better buying 20,000 @ 75c on 3/11/15 and selling at $1.20 after the AGM and all that pumping talk 3 days before close of SPP, and gaining $9,000. Never had any luck with SPP's eg....SNK,GNE and now ATM. They don't care about us small shareholders . They just look after the big boys.

[sb9]

Hmmm...I know its disappointing from scaling point of view, but I'm happy to take whatever is on offer especially at such a low price compared to current sp.

[sb9]

Have rung Link market services re refund and they said it'll be processed overnight or tomorrow (if paid online) or else by cheque.