Agree with you on the overall direction but its clear that Morningstar is giving a valuation, not a target for 12 months.
Another big positive possible announcement would be a new canning facility purchase with all that free cash they have. The dream would be they say they have gained enough traction and brand recognition in USA that they can sell infant formula there and they going to build a canning facility in the USA. From the way they talk about cash allocation, its looking very likely that they will buy/build a canning facility in the next 6 months. Im eagerly looking out for it in the AGM discussions.
A2M Price at posting:
$11.33 Sentiment: Hold Disclosure: Held
(20min delay)