ATM $2 Party time again, page-154

2.50 is achievable if FY17 guidance was released to public, from my observation the A2 infant formula is selling extremely well that we can also tell from the fact of 'out of stock' and 'price raise'. Looks to me, the sale of A2 IF is again demand has exceed production even we all know Synlait has at least tripled supply.

Earlier this year, I was glad to have a chance to speak to a owner of chain pharmacy group in China, he mentioned to me the A2 supply can never satisfy China's demand because of population in China was so huge. Currently they promote 1 major brand at 1 region because they worry one single brand supply is not sufficient to cover all regions. Particularly the Australian are slack, so the production was growing too slow so he reckons the one single brand may only be able to meet a province's needs.

So now we are still at early stage, with the growing reputation of the A2 among Chinese, I would see tremendous potential growth of the company in next 10 years .