IMO. Maybe some on the edge of their monthly budget moved down, sure. But minimal.
I think whats more likely is that Gold at a lower price point has opened up a market to us which Platinum wasn't available to, for one reason or another.
Those that were buying Platinum are likely still buying.
We are just selling more formula to more famies.
Early comments on Chinese socials for Gold initially said Platinum and Gold were priced similarly, so close that it wasn't worth stepping down to Gold. But it seems to have taken off now, no concerns for Gold based on social media I shared a day or 2 ago.
If you're buying 8+ cans every 6 weeks weeks, $8 discount per tin makes a difference. Maybe more economical to re-engage Daigou and source Gold here and have them send it over.
Going to be interesting to see how Ultra is differentiated, what it costs and where they roll the ultra-premium product out next. I'm anticipating something up right up there. Whats that going to do to our bottom line? Looking good.
- Forums
- ASX - By Stock
- Media Updates
IMO. Maybe some on the edge of their monthly budget moved down,...
-
- There are more pages in this discussion • 262 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add A2M (ASX) to my watchlist
(20min delay)
|
|||||
Last
$6.35 |
Change
0.000(0.00%) |
Mkt cap ! $4.597B |
Open | High | Low | Value | Volume |
$6.30 | $6.40 | $6.27 | $8.477M | 1.335M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5355 | $6.35 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.37 | 5827 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5355 | 6.350 |
1 | 24733 | 6.330 |
4 | 29508 | 6.320 |
3 | 32257 | 6.310 |
1 | 8772 | 6.300 |
Price($) | Vol. | No. |
---|---|---|
6.370 | 5827 | 2 |
6.380 | 8772 | 1 |
6.390 | 17888 | 6 |
6.400 | 9179 | 3 |
6.420 | 13409 | 5 |
Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
Featured News
LU7
The Breakdown: Lithium Universe talks refinery design and lithium processing in strong preliminary feasibility study for Bécancour
RCE
Phase II clinical trial recruitment for R327G topical gel passes halfway, showing promising results against bacterial skin infections
A2M (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online