We're here at this price point due to the huge dependency on daigou prior to Covid. And when it came, it sabotaged that channel and down went the company's fortunes. I agree with DB's strategic direction.
We might be hurting in the short term but having diversified and smaller channels are more sustainable in the long run. Its never good look to depend on these kind of big corporate diagous, as they may have some unreasonable commercial terms.
A2M Price at posting:
$4.54 Sentiment: Hold Disclosure: Held
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