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13:06
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Originally posted by Liebherr
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I've got nfi on a2m, says he who bought in at $7. For your information I've been in a2m since 82c, have been to the agm in Sydney in 2016, have contacts in distribution. Do you know how long a2 has already been in America or do you realise how long it actually took the company to get real penetration in the Australian milk market. I'm not saying a2 won't be successful in the US, UK or S.E. Asia but these markets take time as they are already developed markets. Personally I'm really happy to get 20 to 30% growth going forward from here but some here seem to think a2m will keep on doubling earnings year on year, that is near impossible as the company gets bigger and bigger. It was pretty easy to grow earnings at a fast rate when starting from a small base, 3 years ago the company was yet to be profitable and it is quite remarkable how far the company has come in a relatively short period of time. There was a $3 party thread on hotcopper that took 15 months to fulfill my personal opinion $20 will take at least that long from here.
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