We sell for that price and while the Daigou are selling it for 3 times that price and yet the demand are still coming. So is it really $1billion or actually alot more. We still have to thanks the Daigou for the promotion and free marketing but if when the Chinese govt do regulated on what the Daigou can bring in in term of high volume (shipping containers), it could be a different story altogether too.
Ofcourse the daigou will still be able to ship in parcel and wear the cost more than they can in high volume in pallets and containers.
Not being bias to Bellamy as I am still a holder in them too. Bellamy did made that mistake of trying to get rid of the Daigou. A2 didn’t and it won’t be A2 that will do that but it could be the Chinese govt as part of the shake up to protect their people by monitoring on both the good and the bad stuff that are being brought into the country.
A2’s true sale value is a lot more that than what they can show on paper because its the Daigou that are profiting from it too and its good on them
If only we can have a figure of how much that Daigou bought then we will know the true sales figure of A2 in the real world.
next week annoucement, page-85
Add A2M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.65 |
Change
-0.060(1.05%) |
Mkt cap ! $4.084B | |||
| Open | High | Low | Value | Volume |
| $5.69 | $5.72 | $5.62 | $8.206M | 1.451M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 59 | $5.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.67 | 3039 | 1 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |