A2M 1.16% $6.13 the a2 milk company limited

Drop of australian dollar to a2m!!!!

  1. 1,687 Posts.
    lightbulb Created with Sketch. 154
    can the drop of AUD be an advantage to
    A2 company? Because a2 is an export company

    1. A2 can lower its sales price in renminbi for a same level of profit in AUD, in order be more competitive
    2. A2 can keep the current rmb price, and it will result in more sales figure after rmb can be converted
    Into more AUD

    Any thoughts? I think this matters.
 
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