Market maybe impressed by the A2 Milk Company funded study released today. Promising results indeed, sample size of 80.
https://insights.ovid.com/crossref?a...00000000-96393
Attachment 10681
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Market maybe impressed by the A2 Milk Company funded study released today. Promising results indeed, sample size of 80.
https://insights.ovid.com/crossref?a...00000000-96393
Attachment 10681
Todays graph is classic - flatlines until midday, Australia opens, then "HELLO"! :p
Attachment 10682
$16.98 the all-time high
Commentary on the asx forum is very positive full of optimism hopefully see a good lead in to the results!!!!
I had a fair value is around the 16.50 mark, which is why I have been buying over the last 6 months when it's been priced significantly lower, for fy20 $16.50 approx 35 based on consensus, I thought about selling some today but the positive news and potential way things are moving it may move towards 40-45 pe. I suspect the formula is selling very well in China, and there is still huge growth here. GS have been there on a reconaissance mission to China and upgraged their target. So I see this moving to $17.50 and then see what happens once we have some fy19 figures in front of us. Hard to find a better growing cash generator.
Closed at $16.04 on the ASX - only 4c off the AUD all time high.
Hey, why is it so quiet now, where has everybody gone? https://static.xx.fbcdn.net/images/e...3/16/1f61e.png
Its kinda like back to a a set and forget stock, watching paint dry, cream clotting, bread rising, tide coming in. Meaningful announcements few and far between. Lovely chart looks to be rising gently to results next month