No need to worry this tax is just for China to make a level playing field with local Chinese websites selling the same product. Customers pay more for IF when they are in shortages upto 85 percent more. We do this at our distribution centre. We were charging 38 dollars a can for bellamy stage 3 and 39 for A2 stage 3 when stock was in shortage last year in Novemebr. This was not to end stage customer but to local distributors in China and Daigou. They were charging customers 60 dollars a can for these products at store level and demand was not stopping. This news is great for shorters to put the scare in shareholders to sell.
No need to worry this tax is just for China to make a level...
Add A2M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.35 |
Change
-0.020(0.31%) |
Mkt cap ! $4.597B | |||
| Open | High | Low | Value | Volume |
| $6.33 | $6.52 | $6.19 | $19.90M | 3.146M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3455 | $6.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.36 | 29208 | 3 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| A2M (ASX) Chart |