dont want to to be a downramper, people know me all know i am a long term holder. but just want to point out some risks that i see.
1. the stop of air freight is a big concern, i am not sure how much of A2's products are shipped by air, but this will definitely have an impact to the products being shipped. A2M can probably manage this logistic issue for the short term by runing down on stockpile in china, but if the situation continues, I suspect this will have a bigger impact.
2. I have tried to find out how much of A2's products are shipped by air but had very little success, if anybody has any idea, please share this on the forum. also given the disparity between the port data and actual sales data, i would assume that the difference is probably attributes to air freight. this probably also partly explains how shipping to HK has increased significantly during the unrest time (probably due to much cheaper air freight)
I will try to find some air freight details and report back.
3. Lets all hope that sea freights are fine and good luck LT holders.
2019-nCOV, page-123
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Last
$5.28 |
Change
0.090(1.73%) |
Mkt cap ! $3.822B | |||
| Open | High | Low | Value | Volume |
| $5.23 | $5.29 | $5.14 | $18.87M | 3.614M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12652 | $5.27 |
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| Price($) | Vol. | No. |
|---|---|---|
| $5.29 | 3513 | 1 |
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| A2M (ASX) Chart |