Let's face it, there is no way their margins can be sustainable considering the consumer sentiment move towards A2-Only protein AND the proven fact it will not remain a finite supply.
Is A2M still a great company? Yes.
Will they continue to make money? Yes.
Will they do so under a much more competitive landscape? Yes.
Will this competitive landscape hurt margins? Yes
Should investors therefore question a P/E multiple 200% higher than the sector?
I think anyone with a reasonable approach to valuing a company should...
Let's face it, there is no way their margins can be sustainable...
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Last
$5.63 |
Change
0.040(0.72%) |
Mkt cap ! $4.061B | |||
| Open | High | Low | Value | Volume |
| $5.50 | $5.63 | $5.49 | $5.252M | 944.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 11190 | $5.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.63 | 21100 | 37 |
View Market Depth
| Last trade - 12.46pm 02/09/2024 (20 minute delay) ? |
| A2M (ASX) Chart |