Fresh milk and milk powder are low contributors to revenue.
A2M main product is the infant formula and the main market for that is China.
Even most of the infant formula that are sold in Australia and New Zealand goes to China.
There is no other growth market. A2M failed in the UK and the US is utterly loss making.
The CCP now has A2M firmly in its sight.
A2M bought into MVM just to appease it, a 250 million dollar tithe.
The question is: what else is the CCP going to demand of A2M?
What do you think A2M can do to grow?
A2 milk market Expected to Reach $3.6 billion by 2027—Allied Market Research, page-33
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Last
$6.35 |
Change
-0.020(0.31%) |
Mkt cap ! $4.597B | |||
| Open | High | Low | Value | Volume |
| $6.33 | $6.52 | $6.19 | $19.90M | 3.146M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3455 | $6.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.36 | 29208 | 3 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| A2M (ASX) Chart |