WNX 10.7% 3.1¢ wellnex life limited

Ann: Wattle Health Australia Commences Trading on the ASX, page-25

  1. 1,196 Posts.
    I've been in a2m since 2015, I only just started using Hot Copper and have nothing but good things to say about A2M at the moment, if it was about 6 months ago I would have been complaining about their ability to maintain stock.

    We lost an order for 300,000 cans at .10c per can profit = $30k in lost revenue, because A2M could not meet the demand. All these companies have their own issues. Lost about $10k in business from Blackmores because our supplier could not meet orders also last year.

    Orders have trended downwards this year to China as after regulation changes there was an over supply in stocks so prices dropped and made it hard to make a profit on bulk shipments after licensing, import/export.

    The margins are harsh and the competition is fierce, I hope this company does well because if it is a quality product and cheaper option than Blackmores or the other milk formula companies that just means more sales for us and a better share price for holders
 
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