Not sure if it has been posted here yet, but there was an AFR article yesterday on the ASX impacts of coronavirus. I thought this thread might benefit from a news article in which A2M was actually mentioned.
https://www. afr .com/companies/transport/travel-tourism-hit-in-asx-s-28b-rout-20200203-p53x5x
It included this snippet:
"Infant formula group a2 Milk Company suffered a 2.4 per cent drop to $14.16 by mid-afternoon. A spokesman said on Monday there had been no change to an update from chief executive Geoff Babidge issued on Friday which said there had been no ''material changes'' at its operations in China.
A2 Milk was working closely with local partner China State Farm and all Mother Baby Store promotional teams had been issued with masks and personal hygiene equipment, including disinfectant.
Some analysts think there may be an eventual lift for Australian products because of the ''clean and green'' factor when Chinese consumers weigh them up against those made by Chinese companies in China."
It appears the company has now stated twice that there has been no noteworthy changes to its operations as a result of this virus. Thoughts? Evidence to the contrary?
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Not sure if it has been posted here yet, but there was an AFR...
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