a2 milk has been discounting their infant formula in china on ecommerce sites like alibaba TMall.
so they have to increase a lot of volumn to make up the reduced price. i noticed it is always on sale.
there's also a shift away from buying Australian products and the European infant formula brands have been doing heavy Chinese celebrity advertising. I think a2 milk has been too reliant on daigou and not investing in brand awareness in China
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Last
$5.53 |
Change
-0.030(0.54%) |
Mkt cap ! $4.003B | |||
| Open | High | Low | Value | Volume |
| $5.47 | $5.56 | $5.45 | $5.085M | 920.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10090 | $5.53 |
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| Price($) | Vol. | No. |
|---|---|---|
| $5.54 | 1000 | 1 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| A2M (ASX) Chart |