What A2M have is the brand and marketing. It is certainly no accident they could generate close to $1B sales. Go to the supermarket shelf and why A2M rack is always thinly stock while some others are gathering dust? China e-commerce law changes is a good thing to clamp down on small dodgy sellers and tax evaders. I am confident management will sort out the legit distribution channel once things are cleared up. They got money in the bank to work this through. Bear in mind A2M is a NZ company and they celebrate Chinese New Year as a public holiday there, so they are more culturally and politically aligned than you think. Just my opinion.
What A2M have is the brand and marketing. It is certainly no...
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Last
$7.01 |
Change
0.290(4.32%) |
Mkt cap ! $5.067B | |||
| Open | High | Low | Value | Volume |
| $6.83 | $7.12 | $6.81 | $26.19M | 3.735M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $7.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.02 | 28521 | 7 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |