World A2 Milk Market -USD 25.5 Billion by 2027, page-15

Without baiting may I simply say that is an outrageous suggestion that A2M is worth $1.00 per share.

My comments are based on;

• It last traded at $1.00 back on 17th November 2015 (not long after listing)
• Market Capitalisationis $5,056,564,497
• It is ranked on the ASX as105 of 2,311, and its Sector Rankis number 6 of 86
• Net Profit after tax, while down, was still $80.7M
• As at June 30th 2021 it had $875.2M Cash on Hand.
• Chinese label revenue growth has increased almost 5 fold over the past 4 years to $390M (NZ)
• ANZ liquid milk market is also growing
• USA results are only slightly down.
• The acquisition of a 75% stake in Mataura Valley Milk will start to reap rewards

I would be waiting to see what comes out of the Growth Strategy Review which is scheduled to be presented this month.