From GS equity report:
“We forecast the China infant formula market to grow at c.4.8% p.a. to RMB 123mn by FY20E, with A2M’s market share increasing to 7.5% over this same period.”
Already at 4.1% as of today’s announcement, seems like way ahead of GS target of 7.5% by FY20
Chart update, page-6216
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$5.65 |
Change
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Mkt cap ! $4.149B | |||
| Open | High | Low | Value | Volume |
| $5.82 | $5.85 | $5.64 | $8.743M | 1.514M |
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| No. | Vol. | Price($) |
|---|---|---|
| 14 | 25236 | $5.64 |
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| Price($) | Vol. | No. |
|---|---|---|
| $5.66 | 32170 | 37 |
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| A2M (ASX) Chart |