I never said that the multinational company went bust. I said that the company sold its infant formula business in China for a loss. Check your reading comprehension.
Increasing retail options in China WILL kill any chance of any daigou recovery. The two channels cannot exist in the same space.
The daigou channel was unique in that it provided FREE marketing and distribution for A2M. The company has now completely lost the channel.
Retail channel does not come with free marketing and distribution. Relying on retail channel would decimate margin among many other negatives.
A2M is purely a brand company.
A2M's milk is Synlait's milk. China does not need the A2 brand.
A2 milk is FULL of lactose at level indistinguishable from other standard cow's milk.
Again, A2M's milk comes from Synlait.
A2M's main product is its infant-formula, not the fresh milk.
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$4.91 |
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Mkt cap ! $3.569B |
Open | High | Low | Value | Volume |
$4.93 | $4.95 | $4.89 | $1.115M | 226.7K |
Buyers (Bids)
No. | Vol. | Price($) |
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21 | 5137 | $4.90 |
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Price($) | Vol. | No. |
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$4.91 | 5046 | 16 |
View Market Depth
No. | Vol. | Price($) |
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22 | 3093 | 4.890 |
10 | 12764 | 4.880 |
11 | 27350 | 4.870 |
6 | 31490 | 4.860 |
9 | 9938 | 4.850 |
Price($) | Vol. | No. |
---|---|---|
4.900 | 6114 | 23 |
4.910 | 6889 | 15 |
4.920 | 28597 | 15 |
4.930 | 30628 | 14 |
4.940 | 32301 | 10 |
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