luckily i have the capacity to hold on and the belief in this...

luckily i have the capacity to hold on and the belief in this company. its more the irrational nature of the market that gets me down. i can see why private equity can make so much money. take good business off market. make changes to management etc then sell at the price that is acceptable to you rather than some random price based on which way the wind is blowing and if you dont like the outcome - defer the sale. its almost that people just keep finding reasons to hate a2m and the decline in the sp validates their beliefs regardless of whether it was/is true but still feeding the vicious cycle. for example about 1-2 years ago many on this forum and in the public domain feared geo political risks in China - that seems to have been resolved for Australia but there was no celebration (despite A2M position as a NZ co). now it's the birth rate (which has been declining for some time). no one is giving a2m any credit for steadying the inventory situation, growing in a declining market, developing new channels to market in China not dependant on the daigou, renewing the regulatory approval in tandem with SM1, gaining the temporary approval for a US entry (compare that with Bubs fiasco) and in my view preparing for a permanent position in the market judging by how they managed this with the FDA, selling liquid milk in NZ (finally) and now working on supply security and probably a better deal with SM1