Yes organic is a healthy choice but it is not sustainable in the long term to create profits for a business. Bellamys has no moat, if Joe Bloggs started an organic dairy business and took market share from BAL it could be all downhill from there on. A2 Milk Company has a point of difference, patents and intellectual property. Not saying BAL is a bad business, A2 just makes more sense to invest your money there for future growth.
Hope A2 OK, page-66
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Last
$6.76 |
Change
-0.050(0.73%) |
Mkt cap ! $4.962B | |||
| Open | High | Low | Value | Volume |
| $6.80 | $6.92 | $6.75 | $5.266M | 772.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 4631 | $6.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.77 | 6927 | 9 |
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| Last trade - 12.54pm 10/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |