A2M 0.35% $5.77 the a2 milk company limited

Media Updates, page-7972

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    Ok then, let's counter that, based on MBS store growth above:
    1.7% market share of 14.6m = 248,200
    2.4% market share of 10.6m = 254,400

    So based on growth in market share alone, they are actually selling more formula to 6200 more babies.
    Definitely a concerning trend....
    Now let's imagine that market share continues to grow, and that margins improve. Or does that ruin your bear case?
 
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