Ann: Change of Director's Interest Notice, page-2

More investors buying from Andy Z!

What It Means for Investors

This morning, Australian Dairy Nutritionals (ASX: AHF) released an Appendix 3Y confirming that Insider Wenjun (Andy) Zhang acquired 707,506 shares at around 7c each. This isn’t just a paper shuffle. insider buying often signals management’s faith in a company’s future. And Andy Z has form: he’s frequently mentioned in the same breath as a2 Milk, having experience in international expansion and brand-building in the infant formula sector.

Why Does It Matter?

• Chinese Formula Market: Valued at $28B, even as birth rates slow, premium brands are growing. Andy Z’s background suggests AHF aims for a slice of that high-value pie.

• Vertical Integration: AHF has a “farm-to-can” model that can protect margins, vital during global supply squeezes.

• Insider Confidence: Insiders rarely load up on shares if they anticipate bad news. This purchase is a vote of confidence that the company could be on the cusp of something big.

Key Question

• Are we on the verge of a breakout, or is this move just another step in AHF’s evolution? If Andy Z’s track record holds up, we might see major developments soon with the quarterly report coming up, especially around distribution partnerships or product launches in Asia.

For those who’ve been tracking AHF, this could be an early signal to keep a closer eye on the stock’s next moves. Stay tuned!