The customer is always right, the market is like bipolar betty.
Most things went up after a worldwide pandemic disrupting every supply chain.
The conclusion we can draw: we should have pandemics more often?
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Grant Davies at Hamilton Hindin Greene was quoted in the media as saying it would be “drawing a long bow” to attribute the share price rise to those Chinese developments
Followed Synlait up one guru said .....same guru said Synlait went up because they raised farm gate price (and a bright outlook for dairy )
But probably A2 went up because more punters thought it a good buy than those who thought it a dog ....things like Chinese birth rates, dairy prices etc etc etc are just day to day noise and a distraction ....even a class action made the price go up
According to HC guru Hoots, a tentative bottom may be forming. That said, ATM may track sideways till next results/announcement. Here's Hoots TA FYI. (Nice upside gaps noted.)
Attachment 12567
Disc - Holding not adding.
News from the Land of Shorters
‘Send a strong message’: Senator calls for ASIC to take harder line on activist short sellers (theage.com.au)
Pity A2 share price not doing as well as Synlait’s ...that’s up more than 20% on last weeks low post that dreadful downgrade
A2 up 10% in same period
Synlait the milk sector star.