Hmm given the ultra high demand for baby formula in China.....this share is really in a niche market.
https://www.thea2milkcompany.com/about-us/product-businesses/
The Chinese consumers are very picky since with their milk since the 2008 milk scandal with baby milk formula.
https://en.wikipedia.org/wiki/2008_Chinese_milk_scandal
Also with China no longer adopting a one child policy as well (more babies equals more baby formula)
http://www.businessspectator.com.au/article/2015/12/23/china/pessimism-clouds-chinas-outlook
Given blackmores has gone over $200....based on the end of the one child policy and providing quality baby formula.....A2M looks massively under valued.
http://www.smh.com.au/business/is-b...d-policy-a-longterm-plus-20151029-gkmjo8.html
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Last
$7.14 |
Change
0.090(1.28%) |
Mkt cap ! $5.161B |
Open | High | Low | Value | Volume |
$7.02 | $7.24 | $7.02 | $16.45M | 2.301M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 21447 | $7.14 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.15 | 500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 21447 | 7.140 |
3 | 10631 | 7.130 |
3 | 19819 | 7.120 |
1 | 2247 | 7.110 |
3 | 9114 | 7.100 |
Price($) | Vol. | No. |
---|---|---|
7.150 | 500 | 1 |
7.170 | 293 | 1 |
7.180 | 6770 | 4 |
7.190 | 134 | 1 |
7.200 | 13067 | 5 |
Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
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