My reasoning is, simply comparing valuation with BAL,
BAL, almost sole formula player,
A2M, fresh milk and formula, (its fresh milk division is making good profit although US & UK expansion contribute big loss ATM).
A2M formula for FY16 will be more than BAL's 2015 annual revenue.
Obviously BAL's 2016 annual revenue should be increasing significantly.
But BAL was having a less valuation than A2M in April 2015.
Are you ready to go for a run?, page-252
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Last
$5.71 |
Change
-0.060(1.04%) |
Mkt cap ! $4.134B | |||
| Open | High | Low | Value | Volume |
| $5.70 | $5.78 | $5.69 | $6.339M | 1.108M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $5.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.72 | 1701 | 2 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |