Yes, but still in the 4 month uptrend. See what they can squeeze out of the teat today:cool:.
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I Wonder when Synlait will have their day. It is great to see ATM going up, but Synlait is heading nowhere as of yet
Quote:
Within striking distance of $14.00.
What are the shorters going to do?
Ouch!
Ouch!
Somebody will get hurt. Will it be the shorters? I guess it depends on their timing. If they have to fill these shorts now, than it won't be fun ... but if they have still time ... they say what goes up must come down!
ATM has currently quite amazing growth expectations priced in. We will see, whether their fast selling CEO is able to deliver ... but one thing is quite certain - as soon as she gets her hands at the next share parcel, shorters will have a fun time again!
Why would you think so?Quote:
I Wonder when Synlait will have their day. It is great to see ATM going up, but Synlait is heading nowhere as of yet
ATM is priced on hype and expectations of unlimited scalability of a marketing company.
Synlait however delivers "hardware". they need to build a new factory every time they want to increase their output. Much more difficult (well, expensive) to scale.
China....the major customer for ATM and SML.
Hope that the current issues...or non-issues according to PM...are not going to upset the apple cart. (ooops…..should have saved that for SCLs')
A2m on ASX has just flew past station $13 at great knots. A bit fast to get on:t_up:.
looks like all time highs will get taken out on the asx