Well, I'm out at 62c. The trigger for me was the drop below the SPP. I've been worried about the business model of this company for a little while. I've been to the new shop in Sydney three times now. First time, I was the only one in the shop and second and third times, there was a Chinese couple looking, not buying. They were also selling A2M formula at a 10% premium to Woolworths (almost) next door. If there is a sharp increase in SP between now and 19 January, I can buy in @ $0.63 in the SPP. I hope that happens. If not, AU8 is no longer for me, but still more than doubled my money.
GLTAH
AU8 Price at posting:
60.0¢ Sentiment: Sell Disclosure: Not Held