Just had a chat with my daigou friend, I was told that her customers are not happy about the price increase and they are considering switching. I think 7.8% increase might be too aggressive, remember a2 increased price by 6.8% in July. Now they are increasing price again in less than half a year. I am not sure if this price increase is going have a negative impact on the second half ANZ revenue.
I’m a long term holder, please don’t attack me.
Media Updates, page-3407
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