To be given approval to sell a2 platinum formula in the US market until November 2022 would be a short term sugar hit, maybe we could jag $30 -$40 million NZD in sales.
The real upside is if A2 mngt and the FDA ( with help from NZ govt) can negotiate a longer term supply access deal and get the 17.5% Tariff waived so our products would be competitive with local infant formulas.
This would give A2 a real diversification from the Chinese market and provide serious scope to develop their US business including adding adult milk powders.
To be given approval to sell a2 platinum formula in the US...
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Last
$7.12 |
Change
0.090(1.28%) |
Mkt cap ! $5.147B | |||
| Open | High | Low | Value | Volume |
| $6.99 | $7.17 | $6.95 | $21.80M | 3.067M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 14175 | $7.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $7.13 | 5695 | 2 |
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| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$7.14 |
Change
0.090 ( 1.42 %) |
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| Open | High | Low | Volume | ||
| $6.98 | $7.17 | $6.95 | 913623 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| A2M (ASX) Chart |