I enjoy your positivity MAC, but I also agree with blakecb on this one. This is what you can get when directors are granted millions of partly paids.
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I enjoy your positivity MAC, but I also agree with blakecb on this one. This is what you can get when directors are granted millions of partly paids.
Big sale at 68cps....could this be the bounce off the primary trendline? I'm not sure, waiting and watching. Depth will tell us a lot, we want to see it move to the buyers' side.
Well for better or worse I am back into ATM, but will have a strict stoploss on this one as I do not want to see it break the primary trendline. I'm hoping for a bounce off the primary trendline and that this is a low entry. To be honest, the technicals and even the depth don't look great, but for whatever reason, I've decided to get back in. I hope the release of the annual report today reminds all the punters of how promising this company is. Now that I am actually choosing to pay more to buy A2 milk on a personal level tells me a lot.
Lots of things going on technically. Most notably it has broken out downwards from a Bollinger Squeeze (sell signal), however there is lots of support in the 68 area (previous highs and trend lines). There is also an ascending triangle pattern (a continuation pattern) which is getting quite far through so is well worth watching. Some good coin to be made trading this puppy :p. Hoop may kindly give us a pretty chart and his much more informed analysis.
I watch and wait.
The market in China just gets better and better;
http://www.interest.co.nz/rural-news...orcing-it-impo
Yes this is interesting. It will be very interesting to see how A2 infant formula will be marketed and received in China. Could be a biggie for ATM & SML.
I just hope the exclusive distributor China State Farm Holding Shanghai Company is the right partner and comes up with the goods, as they have exclusive rights for the "Greater China", which no doubt includes Hong Kong. A huge and very important market for ATM.
I’m picking that Philip Wohlsen was head hunted by the new Chief Marketing Officer, Susan Massasso, both have previous recent Campbell Arnotts and Unilever experience on their CV’s.
https://www.nzx.com/files/attachments/182682.pdf
There a pretty high spec team forming within this company, it just reinforces my view that ATM will be one to continue to watch over the next few years.