I do suspect that the US election result is a contributing factor at present as the market is probably beginning to re-price A2M as being less likely to expand into the USA IMF market.
I guess one way A2M could resolve that is by buying a production facility in the USA or doing a JV with a USA company to produce IF within the USA from the A2 fresh milk it buys off farmers over there already and thus avoiding any tariffs due to being 'Made in America' which is all Trump 'seems' to want ? They have to use this war chest of cash at some point as we know it isn't earmarked for Synlait anymore
A2M Price at posting:
$5.25 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)