https://www.9news.com.au/2018/12/03/12/32/australia-baby-formula-chinese-buyers-daigous-30000-packages-per-day-a2-milk
staggering numbers -Â
“You would be quite amazed. That would be around 20 to 30,000 parcels minimum per day sending out from Australia and New Zealand to China.”
Ms Wang said Chinese shoppers choose to purchase bulk numbers of baby formula tins from within Australia because they trust the product coming from the country it was made in.
20,000 (low end) multiplied by $25 (low end price that these wholesalers may buy for) mutiplied by 260 working days per year $130 mil revenue for A2M???
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Mkt cap ! $4.025B |
Open | High | Low | Value | Volume |
$5.47 | $5.60 | $5.43 | $8.699M | 1.574M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 9168 | $5.55 |
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Price($) | Vol. | No. |
---|---|---|
$5.57 | 11368 | 2 |
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No. | Vol. | Price($) |
---|---|---|
1 | 3588 | 5.550 |
4 | 13094 | 5.530 |
2 | 31921 | 5.520 |
1 | 4448 | 5.510 |
4 | 20720 | 5.500 |
Price($) | Vol. | No. |
---|---|---|
5.570 | 11368 | 2 |
5.580 | 13739 | 3 |
5.590 | 11601 | 3 |
5.600 | 15885 | 5 |
5.610 | 8601 | 1 |
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