Well that goes without saying. What I mean and it is relevant to the SP is that the PE comes down as this goes on and can come down quite quickly when the market decides the growth rate has reached an unsatisfactory rate (or ate least a rate that means it ain't classified as a growth stock). Add to that when your product is no longer unique as your temporary moat (in A2m's case... first mover, patents, access to cows etc) has shrunk then the rerate can be swift. The NZ production angle is no longer as strong as others have got a2 herds now eg Karicare A2 IF is NZ sourced and its way cheaper than A2 Platinum. In USA A2 herds are easy to create should you have the money and desire.
Soryy, reply button ain't working
Well that goes without saying. What I mean and it is relevant to...
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Last
$6.26 |
Change
0.130(2.12%) |
Mkt cap ! $4.525B | |||
| Open | High | Low | Value | Volume |
| $6.16 | $6.28 | $6.11 | $14.49M | 2.329M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3552 | $6.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.27 | 5415 | 2 |
View Market Depth
| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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Last
$6.25 |
Change
0.130 ( 1.99 %) |
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| Open | High | Low | Volume | ||
| $6.16 | $6.28 | $6.11 | 2183787 | ||
| Last updated 15.59pm 09/05/2024 ? | |||||
| A2M (ASX) Chart |