Yeah 100% agree Rob. The US has been a tough nut for a2 Milk to crack, and MVM hemorrhages cash when it’s running under capacity.
Scale is everything… if they can ramp up production (or secure co-manufacturing deals) to spread out fixed costs, they might finally see the US division at least break even.
It’s not rocket science they know they’re stuck with under-utilised assets and have to fix that before profits roll in.
A2M Price at posting:
$5.88 Sentiment: Hold Disclosure: Not Held
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