ATM - A2 Milk Corporation Limited

[hummerh40]

BAL.ASX is back...down 40% on open

[sb9]

BAL.ASX is back...down 40% on open

Irony is CEO Laura has been replaced by her husband Cohen, hmmmm such mess and shambles...

[hummerh40]

I'm just curious to see its effect of the price of ATM! BAL is a dream come true for the traders out there though

[sb9]

I'm just curious to see its effect of the price of ATM! BAL is a dream come true for the traders out there though

True, day traders love these kind of days....

Re ATM I don't think it should impact them much, as the announcement clearly states that the problems are self inflicted by Bellamy's alone not industry specific like China regulation etc, etc..

Do feel sorry for long term holders of BAL though as they were led astray by company management.

[sb9]

WOW...WOW....228 close, smashed it!!!

[whatsup]

BOYO, boyo, is ATM going to open very strong tomorrow, any picks ?

[Leftfield]

Happy Happy I doubled up at recent lows as per post 5657. Here's hoping next results update will add further SP gains. Over in Hot Copper I've seen SP predictions of $A3.00. I'd be happy at that. Time will tell.

[NZSilver]

Nice little rise yesterday arvo, I think $3 is a bit rich at current rev/profits, but $2.50-2.80 depending on results.

[sb9]

Nice little rise yesterday arvo, I think $3 is a bit rich at current rev/profits, but $2.50-2.80 depending on results.

Remember it went up to 248 I think after ASM trading update in Nov and bellamy's saga pushed it down unfortunately. I would say immediate (short term) target is to breach that 250 mark and 1H results in Feb should determine further course of action.

Also keep in mind they've signalled new product launches in early part of 2017 from their ASM update like Adult nutrition etc, which will also determines where the sp goes. All in all with bellamy's news out of the way it can find its own path.

[NZSilver]

Remember it went up to 248 I think after ASM trading update in Nov and bellamy's saga pushed it down unfortunately. I would say immediate (short term) target is to breach that 250 mark and 1H results in Feb should determine further course of action.

Also keep in mind they've signalled new product launches in early part of 2017 from their ASM update like Adult nutrition etc, which will also determines where the sp goes. All in all with bellamy's news out of the way it can find its own path.

yeh seems like people are speculating that people will dump BAL and move money to A2m so we should see a rise this when asx begins trading, ya have to take the hotcopper rants with a large grain of salt.