No competitors ??? You are kidding or are you every tin on the shelf is a competitor A2 or not A2MC DOES NOT hold a monopoly on IF for you to infer that clearly shows you dont know this industry at all
They hold 2.6 per cent of IF sales in china competitors hold the rest
They hold less than 20 per cent of the fresh milk market domestically competitors hold the rest
I agree with Andy Chen the growth ahead this year looks soft as flagged by synlait A2
The labelling will be costly as andy points out a very good post
A2 will still do well but the FY is now in question
Chart broke down of the 2.57 top mean reversion in play gaps at 2.08 1.97 opening up volumes falling like a stone not good
Around 2 dollars i will be long again maintaining my short from 2.49 target 2.25 to close
Many headwinds ahead for A2 as Andy mentioned the big money in A2 from Dec 15 has been made
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