This is what A2M is about , there are lots of kid and adults that buy A2 Milk because of the product benefits and the lack of side effects related to consumption.
In a stagnant market A2 fresh milk sales are increasing and the supermarkets still 'don't get it' frequently Coles and Woolworths are out of stock or don't have the full range of A2 milk and packs.
Look at the share T/o the last week an indication a buyer is building a position in A2 .
The European are also gearing up their production of 'baby formula' milk production has increased and there are moves to amalgamate small farms into large production units of 1,000 - 1,500 cows with reduced unit costs.
BAL milk formula is produced by Bega and their supply relies on Bega being able to increase farm milk collections - that can not be assured as there are MG, Fonterra, Warrnambool and a number of smaller producers all trying to increase farm milk collections.
At what price will A2 get an offer?
A2M - 'Overweight' and 'Buy' rating from LightForce - 12 Month Target AUD 2.00/share, page-30
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Last
$5.65 |
Change
-0.060(1.05%) |
Mkt cap ! $4.084B | |||
| Open | High | Low | Value | Volume |
| $5.69 | $5.72 | $5.62 | $8.206M | 1.451M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 59 | $5.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.67 | 3039 | 1 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |