Should we just cut A2M?
Hi, could you please give an updated view on A2 Milk. It has gradually been sliding since it reported badly and is now down nearly 20%. Should we be taking the hit and putting the funds elsewhere ?Regards Burge
The Latest Q&A
Answer
Hi Burge,
Your timing is immaculate, certainly better than ours when it comes to A2M! We’ve been discussing it this morning given the ongoing decline in the stock, albeit on very low volume. The consideration is, what is the next catalyst for A2M to turn around and it seems we’re a few months off.
We certainly aren’t considering averaging our small 3% holding in A2M hence the question is do we take the ‘hit” as you say.
Given it’s proximity to the $8 handle, we’ll see how it reacts at that point and make a call from there, however it’s certainly one we’re looking to triage
