Wondering how the Chinese channel go should it become Nestle. The reason A2 has avoided any pushback from China is purely because it is NZ owned. Wouldn't becoming part of Nestle would put them in the category of all the other products that had tariffs and restrictions slapped on?
I bought in at the low of 5.15 and got out few days back as I felt there was more pain ahead with no travel in sight for a very long time, which takes out the Daiguo channel. Missed today's boost. At these prices I am bullish on A2's long term potential but reluctant to chase it on this speculation. I would be interested in feedback on how becoming Nestle potentially changes the China dynamic.
Takeover Speculation, page-96
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Last
$5.32 |
Change
-0.160(2.92%) |
Mkt cap ! $3.851B | |||
| Open | High | Low | Value | Volume |
| $5.46 | $5.50 | $5.32 | $12.91M | 2.394M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 34432 | $5.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.37 | 4000 | 1 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |