the market also expect the company could suspend its infant formula business, then 2 dairy farms & 1260 cows left, the factory left, total still worth 5c per share because stop wasting money on the formula. May be that’s why few buyers back.
they should not run a business without any confirmation of the market , this is a joke, nowhere to sell your products why produce? Stop it, the earlier the better. Lucky AHF doesn’t have significant debt, otherwise it will be in big trouble.
The newly built infant formula factory, I don’t how much the company spent on it in total, the company now should use the factory to JV with a dairy company which already have markets and just need to expand production , meanwhile they can produce A2 organic milk powders in cans, then sell them to China, much easier and no export license needed like the infant formula to China.
AHF Price at posting:
2.1¢ Sentiment: Buy Disclosure: Not Held
