A2m isn't even a milk producer, it's a marketer selling high margin product in probably one of the most lucrative markets going around. A2 IF demand has always out run supply even while conintually increasig supply.... The company has exceeding market expectations constantly over the last 2-3 year, management has been spot on with growth strategy... the company has zero debt and a shit load of cash in the bank.
There's still plenty more large markets other than china too, for example south east asia where they've yet to tap into yet...
Name one other company in the asx with better prospects?
If u look at fy19 the $4bn + market cap is fair value imo.
A2m isn't even a milk producer, it's a marketer selling high...
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Last
$6.56 |
Change
0.080(1.23%) |
Mkt cap ! $4.742B | |||
| Open | High | Low | Value | Volume |
| $6.46 | $6.57 | $6.45 | $9.696M | 1.489M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9840 | $6.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.57 | 25983 | 6 |
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| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| A2M (ASX) Chart |