A2M 0.00% $6.88 the a2 milk company limited

Ann: Annual Report FY21, page-19

  1. 647 Posts.
    lightbulb Created with Sketch. 59
    I'm surprised with $875.2 m NZ CASH AT HAND.
    Stock write down $108.6m will be dumped at the tip.

    A lot of Afgan refugees need that nutritious food.
    I've seen this happen before with Belamies when they changed the blending for a new product.
    Dumped the old stock.
    Such waste!
    This is a successful company surely the NZ Government could donate this out of date product to Ethiopians who are starving?

    Back in the 70's the USA Government gave grain to Biafra famine.
    I was on a piroque going down the Niger river, dropping off sacks of grain with two hands shaking printed on each sack.
    The grain was the chips found at the bottom of the silos but was much appreciated.

    I am a proud shareholder of A2M. Happy to provide with world with a nutritious food product
 
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