No idea where you got your 20% from, but apart from that - don't we expect our parliament to show from time to time at least some spine fragments?
I would think it sad if a fictive dip to the share price of some NZ company would be seen as more important than the human rights (and lives) of millions of people.
It is not dumb to speak out and do the right thing, but it would be spineless and cowardly not to do so.
Weapons of Mass Destruction, BP?
And as for parliament, what do you think of the Speaker using it to smear the reputation of an innocent man of unspeakable sex crimes beyond redemption - twice? You can keep the spine bit to yourself.
Profit taking? All while shorts are increasing? Did the press report come straight from the dunny?
Think of it this way - the press simply reported what an analyst or broker said so now we know the measure of that analyst or broker.
Here’s another take :
‘A2 Milk dropped back 3.3% to $7.72 giving back much of the gain made over the past five trading sessions, which saw the stock break briefly above $8. Investors appeared willing to take that recovery as a selling opportunity.’
Coincidentally, UBS issued an updated report on Monday reiterating its ‘Buy’ recommendation but with a reduced target price due to reduced profit forecasts in 2022 & 2023.
Oof I was stubborn until it hit $10.00 but now I feel grateful that I sold off my considerable stake. I wouldn't feel comfortable holding a big amount of shares at the moment. Also what do I see? Increased marketing spend? Didn't you have a CEO that advocated for that but you stubbornly wanted to keep your margins? Margins that your own huge inventory (how can it be higher than anticipated) put pressure on?
did mention quite a while ago they would be hit with inventory problems. so confirmed. last big support was around 7.50 area which it successfully held but looks likely to collapse toda thru today. next big support area is around $2 on the charts.
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