Thanks thejuicer. If your assumption is correct then Synlait are indeed getting their ducks in a row for growth with a key customer(s), which is very good news - rapid growth can often present teething problems so good to hear they are getting on with things.
Here's a theory. The additional a2 being requested is not for formula....personally the explosion in demand seems to have taken all the premium formula producers by surprise. At its heart A2 is a milk producer. The license for A2 distribution in NZ, currently held by Fresha Valley, expires in 2017. That's not that far away now. I am looking forward to a robust marketing campaign designed to aggressively win market share and make good use of all that surplus a2 milk. Just a view to help pass the time until next quarter's results are announced.
Cheers
Roy
A2 doubles production - demand still increasing, page-33
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add A2M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.01 |
Change
0.290(4.32%) |
Mkt cap ! $5.067B | |||
| Open | High | Low | Value | Volume |
| $6.83 | $7.12 | $6.81 | $26.19M | 3.735M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $7.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.02 | 28521 | 7 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |