A2 has done a lot of research on this. The price is inelastic indeed to the Chinese paying high for a "premium" product is a sign you are buying the best. The 7% increase in price came and went with major increases in demand. Don't forget for the Chinese no price is to high for safe IF for their baby. No I don't rate your concern as an issue at all, nor do I rate the slow-down as having any affect.
China slowdown, page-2
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Last
$4.91 |
Change
-0.010(0.20%) |
Mkt cap ! $3.554B | |||
| Open | High | Low | Value | Volume |
| $4.93 | $4.96 | $4.89 | $5.556M | 1.127M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 63209 | $4.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.92 | 20435 | 4 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |