A taking over offer from China is unlikely I think, considering the tensity between AU and China. There are 2 domestic Alpha 2 casein formula brands in China already, and more to expect. A2 may face a price war in the coming year, which might lead to forecast adjustment. Plus, international shipping is not getting any better, the cost for a container is still too high (and you may not be able to get one anyway). Next Monday will be interesting.
A taking over offer from China is unlikely I think, considering...
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$7.14 |
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| Open | High | Low | Value | Volume |
| $7.02 | $7.24 | $7.02 | $16.45M | 2.301M |
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