I know its teh end of day wash up - but isnt it nice to see a bid starting with $17
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May as well give trading during the day a miss. 675,000 shares crossed in the close
I think its to do with the below...
https://www.nzx.com/announcements/335139
NZX Product Operations wishes to advise that today’s ‘Adjust’ trading session in X-stream will be extended to 45 minutes, for the NZX Main Board, Debt Market, NZAX and FSM.
This amendment has been made to accommodate the last trading date in advance of the effective date of the Semi-Annual Index Review for the MSCI Equity Indexes.
The Adjust session will operate from 5:00pm to 5:45pm. The Enquiry session start time will move to 5:45pm.
Quite interesting reading that A2 milk is now in the eye of traders, as A2 is trading on top of the Chikou line. We might get a bit of an upswing with this. I put a video up to explain the Chikou span. I am not a trader, but it sounds interesting.
https://www.youtube.com/watch?v=j-Asp6UVYRs
https://alvaradonews.com/the-a2-milk...ou-line/61027/
Got a small top up this morning at $15.35, think its way oversold.
In simple I always believed that if SML could not provide the demand that ATM needed, Fonterra would step up as A2 milks backup plan. That should have been signed into the new contract deal between ATM and SML. I am not saying that is fact, just thinking logically. Of course if you are investing into ATM use facts rather than my logical thinking.