I note with some mirth a. A great deal of yeah right CAE entering the Infant formula market
A former mining Minnow entering the IF market
My thoughts are how many other small obscure companies out there planning on becoming infant formula sellers
I believe you will see a Avalanche of these types of. Listings most will fail but a few will see a market flooded in my view
I Note there is zero talk here now about ho hard it is to get A2 stage 3 IF in fact I noticed every time I go to Coles or wollies there is more tins available an shelves are fuller
So has either the supply increased it have people gone yeah nah too dear il go back to other brands
I see ahead serious issues with a IF been heavily over supplied by a myriad of sellers
So folks I think EPS growth needs to be discounted here an a down grade likely in my view would be in order if new players flood the market
I have EPS At 1.14 in 2016an 79 cents in 2017 conservative because I believe new players will force discounting down the track
How much milk powder does the world really need there is oodles of the stuff
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Last
$7.99 |
Change
-0.020(0.25%) |
Mkt cap ! $5.784B |
Open | High | Low | Value | Volume |
$8.04 | $8.10 | $7.90 | $13.12M | 1.641M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5600 | $7.93 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.00 | 11966 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5600 | 7.930 |
4 | 12374 | 7.920 |
2 | 8755 | 7.910 |
4 | 14015 | 7.900 |
1 | 3172 | 7.880 |
Price($) | Vol. | No. |
---|---|---|
8.000 | 8374 | 5 |
8.010 | 5600 | 1 |
8.020 | 20909 | 4 |
8.030 | 5600 | 1 |
8.040 | 1282 | 1 |
Last trade - 16.19pm 01/07/2025 (20 minute delay) ? |
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ACTINOGEN MEDICAL LIMITED
Dr. Steven Gourlay, CEO
Dr. Steven Gourlay
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