From a revenue perspective the split is circa 50/50 ANZ to China for the IF - in terms of revenue. (page 12 of A2M Half year presentation)
The issue with my polite rebuttal was related to the comment of 'valuation' which has I direct link to market cap or share price. The issue now is that the growth implied within Chinese IF market share (and growth) has too a large extent been removed from the current share price. There is little to no upside baked into the current share price now for a very strong brand with increased vertical integration.
I am certainly not surprised we are seeing green so soon, but I can certainly understand why.
Why no A2 yoghurt or A2 Ice cream?, page-19
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Last
$7.02 |
Change
0.170(2.48%) |
Mkt cap ! $5.075B | |||
| Open | High | Low | Value | Volume |
| $6.86 | $7.03 | $6.81 | $16.52M | 2.369M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10280 | $7.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.02 | 17972 | 4 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |