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$6.25 the a2 milk company limited

old article regarding Synlait/ Munchkin USA...

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jossette

789 Posts.

144

05/08/21

15:03

Post #: 55058459
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Originally posted by werdplaya58: ↑

Yeah exactly. It's not clear what hurdle Munchkin fell down at but they are what underscored the difficulty for me, especially since they had a large supplier like Synlait guiding them through it.

That said, it sounds like MVM has some accreditation to assist with 21 CFR 106. It may be a long process but I assume A2M will undertake it eventually. In the meantime, there is no hurdle to them selling what is their most popular product - Stage 3 - other than they need a canning facility first (although they could always outsource this until it is complete).

However, if they want to be able to offer all stages at once, they would be waiting awhile to navigate the FDA. So they have a decision to make, do they hold off in order to be able to offer a progression through all stages, or do they follow the BUB route and get a product to market quicker.

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old article regarding Synlait/ Munchkin USA formula.

https://i.stuff.co.nz/business/farming/112781091/synlaits-partner-fails-infant-formula-registration-process-in-the-us

A2M Price at posting: $6.07 Sentiment: Buy Disclosure: Held
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Last $6.25		Change 0.510(8.89%)		Mkt cap ! $4.525B

Open	High	Low	Value	Volume
$6.24	$6.77	$6.05	$29.65M	4.654M

Buyers (Bids)

No.	Vol.	Price($)
1	152106	$6.56

Sellers (Offers)

Price($)	Vol.	No.
$6.00	370	1

View Market Depth

No.	Vol.	Price($)
1	176	6.500
1	78	6.370
1	620	6.300
1	158	6.250
2	1430	6.240

Price($)	Vol.	No.
6.000	370	1
6.130	800	1
6.180	2000	1
6.200	9360	3
6.230	90	1

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