Got back in this morning if it drops further I'll accumulate more, A2M is a long term stock and the next BAL, short term it's better to play technology start ups but they're risky. There are reasons why A2 is better:
Reason 1: Customers in China now prefer A2 premium because its better value than overpriced Bellamy, feedback from my friends say they sell much more A2 infant formula than before, this reminds me when the iPhone became popular in china.
Reason 2: The technology barrier of A2 protein is higher than organic milk and A2 is patent protected to prevent the competitors from entering the same market.
Unprecedented demand, page-47
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Last
$6.88 |
Change
0.055(0.81%) |
Mkt cap ! $4.973B | |||
| Open | High | Low | Value | Volume |
| $6.87 | $6.89 | $6.83 | $1.892M | 275.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 4986 | $6.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.88 | 19018 | 13 |
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| Last trade - 11.01am 11/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |