Hmm given the ultra high demand for baby formula in China.....this share is really in a niche market.
https://www.thea2milkcompany.com/about-us/product-businesses/
The Chinese consumers are very picky since with their milk since the 2008 milk scandal with baby milk formula.
https://en.wikipedia.org/wiki/2008_Chinese_milk_scandal
Also with China no longer adopting a one child policy as well (more babies equals more baby formula)
http://www.businessspectator.com.au/article/2015/12/23/china/pessimism-clouds-chinas-outlook
Given blackmores has gone over $200....based on the end of the one child policy and providing quality baby formula.....A2M looks massively under valued.
http://www.smh.com.au/business/is-b...d-policy-a-longterm-plus-20151029-gkmjo8.html
A2M $5-$6 in the short time may $20+
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Last
$6.13 |
Change
0.070(1.16%) |
Mkt cap ! $4.431B | |||
| Open | High | Low | Value | Volume |
| $6.06 | $6.13 | $6.04 | $8.538M | 1.400M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $6.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.13 | 29909 | 5 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$6.10 |
Change
0.070 ( 0.58 %) |
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| Open | High | Low | Volume | ||
| $6.08 | $6.11 | $6.03 | 348783 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| A2M (ASX) Chart |