A2M 1.13% $6.25 the a2 milk company limited

So Mr Market is going to see off A2M this morning by 15% just...

  1. 12,883 Posts.
    lightbulb Created with Sketch. 997
    So Mr Market is going to see off A2M this morning by 15% just because they spent more on marketing than they expected FFS.....

    " The profit missed by less than 10m 297consensus versus 287. something, however the market was calculating a marketing spend of 82m when it calibrated these results, not 50m more at 132m so when you take out the additional marketing spend it was a large beat, and margins are up. "

    The SP should be opening up by +15% now down -15%, what a buying opportunity, the professional investors will be getting ready to buy sub $15, the amateurs will be selling at the open.
 
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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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