Today I went to Southside Brisbane after a lunch catch-up, and popped in a couple daigou shops checking out the baby formula situation (almost becoming a hobby of mine these days). A2 well stocked all stages except 2. BAL, nothing at all. According to the shop runners, they simply can’t get enough stock. Looks like A2 supply is possibly exceeding demand now? BAL is the underdog punching hard? Just some observation from a bystander holding nothing in baby formula shares......(no funds available.......sigh)
BAL price target $12, page-442
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