The Bloomberg article was interesting. The scarring being done to the diagou channel seems somewhat permanent. Especially concerning that more Chinese consumers has been forced to try direct e-commerce, if thats been mostly positive they won't bother with overseas shoppers again. I think it highlights the risk of achoring to what A2 made pre-Covid. I not saying they will downgrade yet again, but the assumed bounce back of the diagou channel in line with tourism and travel seems like it has been disconnected.
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Last
$6.29 |
Change
0.040(0.64%) |
Mkt cap ! $4.604B | |||
| Open | High | Low | Value | Volume |
| $6.24 | $6.37 | $6.17 | $12.04M | 1.920M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 11514 | $6.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.29 | 8911 | 29 |
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| Last trade - 14.55pm 30/09/2024 (20 minute delay) ? |
| A2M (ASX) Chart |