Well not all babies drink A2 infant formula because they are drinking other brands...The question is: how is A2M going to be able to sell more cans of its formula? The answer is: it has to start taking market share from competitors. To do that A2M going to need massive marketing spending. Is A2M going to announce massive increases in marketing spending? I think so. How do you think the market is going to take it? Especially when another downgrade happens.
A2 Share price, page-62
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Last
$6.85 |
Change
-0.060(0.87%) |
Mkt cap ! $4.952B | |||
| Open | High | Low | Value | Volume |
| $6.83 | $6.87 | $6.78 | $8.532M | 1.250M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2151 | $6.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.85 | 27162 | 5 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |