I've always planned to hold this long-term anyway but I wouldn't like a sharp correction in my portfolio.
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I've always planned to hold this long-term anyway but I wouldn't like a sharp correction in my portfolio.
instead of taking over freedom foods, maybe it is similar to freedom foods... ie they've suddenly realized there's a whole lot of 'accounting discrepancies'... not sure why a halt would be in place for an update around guidance unless it was majorly bad... Ironic as just a month ago at AGM I thought everything was all good...
Looks like news may not be ..........promising
Maybe they have just discovered another QEX style warehouse clearance...
This looks like very bad news.
I will hold through it but I considered selling earlier this year and now... 20/20 hindsight. Should have unloaded at the high
Live and learn
Hopefully (not a strategy ) this is a temp blip and next year there will be millions of extra babies as a consequence of 2020 Lockdown with a massive increase in demand for IF & A2 milk.
Looks like it's a revised guidance. Oh noooo.
A2 Milk has called a trading halt ahead of a release relating to earnings guidance.
The dairy products group said: "We have become aware of information which may require us to release an announcement to revise our previously issued guidance to the market."
"We are requesting a trading halt to provide us with additional time to properly consider the current information and to consider new information as it becomes available, and inform the market."
Well I'm still looking to get in so I guess this has happened at the right time for me haha!