I think we definitely need an update around how other companies are providing in light of current Covid-19 situation.
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Incredible climb from mid-March.
Be interesting to see how far we climb before the inevitable descent. Looks like the big boys have had this in their sights for weeks; there have been some massive buys during the closing auctions over the past month.
GS report today showed further fast growth for A2 in China for March, market share around 8% now which is fantastic. Fresh milking selling like crazy in Aus during this pandemic with some stores limiting to just 1 bottle per customer. I've also noticed the FB likes on the A2 Milk USA pages are really picking up steam growing at over 50 per day now (weak data I know).
The rise since March has been impressive but not without good reason, A2 is one of the few stocks which have undoubtedly benefited from this pandemic, the next report should see us finally reach $20.
Well done holders, a text book growth story and one NZ should be proud of.
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Probably the reason why there was such strong move up y'day and to cap it off BUBS came out late in the evening y'day to give their business update which like all other IF companies was very bullish.
We probably are due for an update very soon from A2. And going by the trend and this report by GS, we can only think it'll be cracker and we should sail past $20 mark if that's the case.
It looks like a all new high at open........ Well done holders
There is only 14000 on offer. Might put some on at $30 just for a laugh:D.
Tht once ASX opened for trading we might be pulled back as per usual, but looks as though this is a breakaway gap. Put up almost $2 in space of 2 days, that's insane at this level!!
Not complaining though, my portfolio suddenly fattened quite a bit, higher than pre-covid times :D:t_up: