Yes it is likely that with the crisis and loss of trust in China that A2 will seize record amounts of market share from Chinese IF producers. It takes a lot to drive a parents to change what they feed their child, because it is a risk and you don't change from what you trust. nCOVID-19 is enough to move to A2, but then they will stick around even after the virus has passed.
So the impact will be positive, and it will be lasting. The rest of the market is falling but A2 is holding strong and even moving up on heavy red days. We have high upside at this point as one of the few companies (ZNO being another) that actually benefits from this panic.
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$7.01 |
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Open | High | Low | Value | Volume |
$6.83 | $7.12 | $6.81 | $26.19M | 3.735M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 2000 | $7.00 |
Sellers (Offers)
Price($) | Vol. | No. |
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$7.02 | 28521 | 7 |
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No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 7.000 |
1 | 1300 | 6.960 |
2 | 17488 | 6.950 |
2 | 7632 | 6.940 |
1 | 7488 | 6.930 |
Price($) | Vol. | No. |
---|---|---|
7.020 | 28521 | 7 |
7.030 | 48608 | 7 |
7.040 | 27488 | 3 |
7.050 | 8488 | 2 |
7.060 | 7488 | 2 |
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