Ann: Market Update, page-2

A market update with no mention of the major part of the business (The Collective) being deleted? Also, I can not believe how flippant they can be about China? They really have zero idea of how China works. Education for them, for your product to be allowed to enter China you must have your product packed in a CNCA approved facility and your recipe attached to that facility, also you must gain SAMR for your recipe which will take forever, just look at Bellamys, Bubs and all the other so called brands. The idea that "the Group is planning to send a shipping container of the future infant
formula range to China" is laughable, just look at A2's position, if it was that easy A2's share price would still be almost $20! If they think miraculously that they can just have an online platform in China they are also kidding, Chinese Mum's want to see your product sold in mainstream retailers and that Australian Mums are buying it, how is this going to happen when the retailer reviews have been completed and the Future range has not been accepted? AHF's only position is an Australian online position, which will sell almost nothing!!!
These updates are seriously a concern, every update has a new date and a new plan, not one thing that this management group have put forward has ever been delivered.

This is going to end in tears.

As always DYOR!