Long term perhaps Ginger, however at present over half the a2 platinum bought in Australia is posted by the Daigou’s home to China, so any form of intervention would be a risk, for the short to medium term, to A2M Australian segment earnings.
In theory, the lost Australian sales might be made up in China though, if Chinese mum’s are prepared to pay a lot more for a2 platinum within mainland China than what the Daigou’s were previously offering to them, or alternatively they might just go elsewhere, to Akarola at Y79 (AU$18) for instance.
I don’t think the Daigou’s will be restrained, it sets all sorts of precedents, and even defining what a Daigou actually is legally, is even fraught with issues.
The market will normalise by itself if left alone, markets always do, that’s capitalism.
- Forums
- ASX - By Stock
- A2M
- HC A2M forum has made the news
HC A2M forum has made the news, page-38
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add A2M (ASX) to my watchlist
|
|||||
Last
$6.88 |
Change
0.000(0.00%) |
Mkt cap ! $4.973B |
Open | High | Low | Value | Volume |
$6.90 | $6.90 | $6.80 | $7.266M | 1.060M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 12501 | $6.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.88 | 33092 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 292 | 6.840 |
2 | 8043 | 6.820 |
1 | 500 | 6.810 |
1 | 1100 | 6.800 |
2 | 9844 | 6.750 |
Price($) | Vol. | No. |
---|---|---|
6.880 | 23244 | 1 |
6.900 | 7848 | 10 |
6.910 | 1515 | 1 |
6.920 | 20500 | 2 |
6.950 | 17350 | 9 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
A2M (ASX) Chart |