sharetrader
  1. #11391
    Advanced Member
    Join Date
    Jul 2015
    Location
    Napier
    Posts
    2,089

    Default

    Quote Originally Posted by Balance View Post
    Holders are not prepared to sell down from current levels, it seems so the shorters are going to have to pay up to cover before AGM.

    Share buyback announcement to encourage some action?
    Maybe buying more of Synlait at discounted prices??

  2. #11392
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,883

    Default

    Quote Originally Posted by Ggcc View Post
    Maybe buying more of Synlait at discounted prices??
    Could well be.

    My pick is that the Board has been sufficiently castigated in recent times for various 'poor' decisions to spend a few $$$ on appeasing shareholders at the AGM.

  3. #11393
    Advanced Member
    Join Date
    Jul 2015
    Location
    Napier
    Posts
    2,089

    Default

    Now it’s roaring on the ASX

  4. #11394
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,883

    Default

    Quote Originally Posted by Ggcc View Post
    Now it’s roaring on the ASX
    Our postings here have had the desired effect?

  5. #11395
    Junior Member
    Join Date
    Jan 2013
    Posts
    1

    Default

    9 news did a good coverage today of the IF frenzy going on, focused on A2:

    https://www.9news.com.au/national/20...g-for-formula#

  6. #11396
    Banned
    Join Date
    Nov 2013
    Posts
    8,516

    Default

    Quote Originally Posted by Ggcc View Post
    Now it’s roaring on the ASX
    Burn baby burn, shorter inferno.

  7. #11397
    Membaa
    Join Date
    Nov 2004
    Location
    Paradise
    Posts
    5,494

    Default

    Quote Originally Posted by couta1 View Post
    Burn baby burn, shorter inferno.
    Spot the squeeze (1 minute chart today)? Smell of burning shorts in the air. Lol. Cool to have some levity after an otherwise rather disappointing few weeks coinciding with the globals getting the jitters. Anyway, there's been some cracker buying opportunities imho and notwithstanding a further rout on the big bourses tonight, we might see ATM playing catch up tomorrow. Would be nice to see A2M continue the rush.

    Attachment 10111

  8. #11398
    Advanced Member
    Join Date
    Jul 2015
    Location
    Napier
    Posts
    2,089

    Default

    Quote Originally Posted by couta1 View Post
    Burn baby burn, shorter inferno.
    I must admit it is great watching the share price rise for a change.

  9. #11399
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,883

    Default

    Quote Originally Posted by couta1 View Post
    Burn baby burn, shorter inferno.
    40m shorted - that’s $20m burnt on today’s sp rise!

  10. #11400
    Member
    Join Date
    Jul 2017
    Posts
    125

    Default

    Quote Originally Posted by fudoc5 View Post
    9 news did a good coverage today of the IF frenzy going on, focused on A2:

    https://www.9news.com.au/national/20...g-for-formula#
    Pretty crazy, there's not a lot of consumer products around with that sort of demand.

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •