I agree it is expensive but i dont believe you actually understand what the company does. Bulk of its sales and growth come from high margin infant formula and powder to China. It is a very scarce product which chinese deem to be premium like an iphone or nike etc. Very hard to find such brands/moats on the asx with access to such a large market. Fresh milk sales pretty much have been growing at less than 10% per annum so it's not the reason why the share price has gone up.
It's literally a cash cow. Very little capex and no debt.
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Last
$7.23 |
Change
-0.065(0.89%) |
Mkt cap ! $5.278B | |||
| Open | High | Low | Value | Volume |
| $7.22 | $7.25 | $7.17 | $2.099M | 291.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 11050 | $7.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.23 | 5813 | 15 |
View Market Depth
| Last trade - 10.23am 14/07/2025 (20 minute delay) ? |
| A2M (ASX) Chart |