But then if they don't get approval, how many jobs are lost? And does NZ stop exporting milk powder that Chinese domestic producers could turn into formula? And what about other producers? I've read A2 has around ~5% market share overall in China, its only in CBEC etc that is has any meaningful market share of formula. I don't think it will lose its license, but I also think NZ has zero leverage if it did. A2 has this tail risk just like Bal. Eventually, why would China want to buy value added product from NZ, if it can pivot back to domestic and just buy the basic commoditity (powder) from NZ?
A2M likely takeover target of Chinese company, page-10
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add A2M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.25 |
Change
0.510(8.89%) |
Mkt cap ! $4.525B | |||
| Open | High | Low | Value | Volume |
| $6.24 | $6.77 | $6.05 | $29.65M | 4.654M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 152106 | $6.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.00 | 370 | 1 |
View Market Depth
| Last trade - 11.20am 27/09/2024 (20 minute delay) ? |
| A2M (ASX) Chart |