I can see your point, posted below a few weeks back, to me it is more of an opportunity for A2m.
One of the things that has stood out amongst all the other ASX listed IF players reported is the effect that the lack of Diagou sales(due to lack of flights along with the effects of lack of tourists and students) has had on their bottom line and sales overall, unfortunately BAL no longer exists to get a view on them.
This must be working in A2M favour, one would imagine that the AUS IF sales may have dipped because of this but has more than likely helped to push ahead the changing strategy of A2M to push more into CBEC and China label sales as reflected below.
Interesting report coming up, have we picked up enough elsewhere to overcome the Daigou sales drop?
Buy and hold a2 Milk shares until 2025- The Motley Fool says, page-30
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$6.48 |
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-0.110(1.67%) |
Mkt cap ! $4.684B | |||
| Open | High | Low | Value | Volume |
| $6.59 | $6.64 | $6.41 | $25.96M | 4.015M |
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| 6 | 103592 | $6.47 |
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| Price($) | Vol. | No. |
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| $6.48 | 48180 | 4 |
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| A2M (ASX) Chart |