Yes, mate your intepretation is correct. The Nov 2020 surge is due to the Double Eleven Event which is like Black Friday in China. Remember this sales value is for all infant related product including IF, nutriant, food etc. It is interesting that A2 is not in even top 10 when there is no sales event. Looks like people love A2 but bit hesitant to buy when it is full price? I hope the management can see it and develop a strategy about it. At the end of the day, it is profit that define what company SP should be. Market share, margin, cost of sales and so on all will affect the final profit. So it is David's job to figure it out. As an investor, I personally am glad to see A2 is still popular in China.
Yes, mate your intepretation is correct. The Nov 2020 surge is...
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Last
$4.81 |
Change
-0.090(1.84%) |
Mkt cap ! $3.482B | |||
| Open | High | Low | Value | Volume |
| $4.92 | $4.95 | $4.80 | $8.716M | 1.802M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10795 | $4.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.83 | 5662 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |