SP down to $11.57 after the news?? The market has no idea sometimes, hehe, or slow to react.
"Manuka honey sells at the top end of the market for honey types. It is marketed as an anti-bacterial agent and health food. The price for bulk Manuka honey, which is the price paid to beekeepers, is on average 7 times that of the price paid to other honey beekeepers.
And in China, the bulk price for Manuka honey as more than doubled in the last 5 years, at the same time where production has soared to keep up with the demand.
Last year, Manuka honey is estimated at NZ$1.2B a year and growing."
High demand for A2 and high for Manuka honey, if this taste good, it will sell. China is a big market, and the World is a even bigger market, and despite A2's success recently, A2 Milk is really just a baby still. Meaning: still has a long way to GROW!
DYOR.
Frank
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