average result , outlook bit weak. probable giving up those rally before the fact gains
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average result , outlook bit weak. probable giving up those rally before the fact gains
$12.6 million inventories written down or written off seems an awful lot of spilt milk
WTF is going on with ATM today a big 5% drop after 1 hour of trading now @ $682 !!
Would be nice to see A2 out perform again but there’s so much geopolitical uncertainty with the West and China right now.
Yesterday there were plenty of headlines about US threatening consequences for China if they supply arms to Russia. Imagine what western sanctions on China will mean for A2.
The long term outlook is just as volatile as the short term.
Price down sine results announced
But let’s not forget it’s still 64% higher than 52 week low
Pretty good
Off the bottom for now, please keep it up overall I didnt think the recent result was too bad so cannot understand the gloom going forward !
I think the gloom going forward is that it already had better growth built into the shareprice, the PE is rather lofty for low double digit growth.
I think the best strategy is to watch for new leaders emerging from whatever mess we are presumably heading toward. Cash is king imop.
Strong close on ASX at 6.46, cent shy of day’s high. Equates to 7.10 here.
Let’s see what tmrw brings..