perhaps. On NZ, I think you are right. More geopolitical risk from Australian opposition figures for A2M and its trade in the P.R.C. Which could lead to sanctions against A2M as it is Australian listed.
From memory, there was no racism towards the soviets with regards to A2’s Synlait. Or if there was, it was nothing like the risk to A2M from the likes of Peters and Ardern in NZ where you have to be Aussie, Kiwi or Singaporean to buy a farm A2 or another form of Agri.
Sanctions towards A2M are a very real and present threat given the racism in Australia. The xenophobia and sinophobia in NZ are a bit of a small thing as you say because NZ is now a much smaller country and due to Arderngate and other scandals, is getting smaller economically, population-wise and politically.
In Australia, the racism towards Gladys Liu is a real threat to A2M and every other Australian listed trading company with Beijing. Not to mention the Michael Daley and Jodi MacKay bringing up race and the A2M SP could fall significantly if the P.R.C. perceive racism, there could be sanctions taken out against A2M.
perhaps. On NZ, I think you are right. More geopolitical risk...
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Last
$6.00 |
Change
0.155(2.65%) |
Mkt cap ! $4.294B | |||
| Open | High | Low | Value | Volume |
| $5.83 | $6.00 | $5.82 | $6.129M | 1.036M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 36968 | $5.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.00 | 120584 | 69 |
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| Last trade - 15.12pm 24/04/2024 (20 minute delay) ? |
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Last
$5.94 |
Change
0.155 ( 1.80 %) |
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| Open | High | Low | Volume | ||
| $5.82 | $6.00 | $5.82 | 664095 | ||
| Last updated 15.30pm 24/04/2024 ? | |||||
| A2M (ASX) Chart |