A2M 1.13% $6.25 the a2 milk company limited

Still think A2M will drop a little further before we see any...

  1. 110 Posts.
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    Still think A2M will drop a little further before we see any signs of short-term sustainable recovery.

    A price range of $4.65 - $4.80 is where I am looking to buy in based on the following reasons.

    1. Fib retracement drawn on weekly chart from extreme bottom to top. $4.65 is our 78.6% fib support level to watch for. If this holds I will buy in.
    https://hotcopper.com.au/data/attachments/3183/3183116-de424c2be786ce2053c2ecd28cab8736.jpg

    2. Fundamental analysis completed on half yearly 2020. Intrinsic value after 15% MOS is $4.81. Earnings per share was based on the NPAT for FY 2020 divided by the SOI and growth rate was based on the percentage drop in NPAT for the half yearly Dec 2020 (approximately -34.5%).

    P.S This is not financial advice. Please DYOR.
 
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Last
$6.25
Change
0.070(1.13%)
Mkt cap ! $4.518B
Open High Low Value Volume
$6.20 $6.25 $6.10 $21.79M 3.517M

Buyers (Bids)

No. Vol. Price($)
1 6450 $6.21
 

Sellers (Offers)

Price($) Vol. No.
$6.26 1000 1
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
$6.21
  Change
0.070 ( 0.66 %)
Open High Low Volume
$6.18 $6.25 $6.10 841704
Last updated 15.59pm 29/03/2024 ?
A2M (ASX) Chart
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