ATM - A2 Milk Corporation Limited

[Sideshow Bob]

https://www.livewiremarkets.com/wire...ay+23+May+2024

[Bikeguy]

A2 seems to be gaining fairly steady now?

[Sideshow Bob]

A2 seems to be gaining fairly steady now?

Basically highest level since May 2021, when it was all unwinding.

Obviously market sees no Synlait/China IF issues.

[Bikeguy]

Basically highest level since May 2021, when it was all unwinding.

Obviously market sees no Synlait/China IF issues.

Yes, have to agree, market seems to know something? It’s been down for so long and there hasn’t been any really startling positive news has there?

[carrom74]

Expect some substantial holding notices soon. That will show us who is buying..(Hopefully not Citi nor Goldman sachs)

[Bikeguy]

Expect some substantial holding notices soon. That will show us who is buying..(Hopefully not Citi nor Goldman sachs)

Are they big shorters?

[carrom74]

Are they big shorters?

Yup- pump n dump brigade- GS for sure

[Sideshow Bob]

https://www.shortman.com.au/top

Only 33rd on the ASX.

[Newman]

Basically highest level since May 2021, when it was all unwinding.

Obviously market sees no Synlait/China IF issues.

What if Synlait goes into receivership, its plant that produces A2 infant formula is sold to someone else, and A2M does not have sufficient IF cans to sell to China?

[Baa_Baa]

What if Synlait goes into receivership, its plant that produces A2 infant formula is sold to someone else, and A2M does not have sufficient IF cans to sell to China?

Cue ‘Jaws’ music. Have a think about the massive vested interests of the two largest shareholders, then consider whether this is a realistic scenario.