You can do it online here https://events.miraqle.com/a2-milk-s...ry-Validation/
Printable View
You can do it online here https://events.miraqle.com/a2-milk-s...ry-Validation/
6 million shares through today. No drop in price. Could be someone quietly accumulating.
Surely, reading from the Aussies forum on hotcopper, seems as though there is huge shortage of A2 milk formula in super markets. And supply can't keep up with demand at this stage, will be interesting to see what comes out of ASM next week. My bet is it'll be quite upbeat.
KW, do you have definitive proof that a2mc are losing money on fresh milk sales in USA and UK?
No point in dropping a well formulated and planned strategy for long term growth just to forfill what could be a short term phenomena with baby formula. a2mc has only milk and needs to build and offer a diversified product range around that.
Interesting piece from Australian newscast:
Founder of Milk Powder Australia Simon Hansford told News Corp everything flying off the supermarket shelves is flying straight overseas.
"It's happening everywhere at the moment, it's a real movement," Mr Hansford said.
"Companies like Bellamy’s, A2, Swisse and Blackmores are absolutely cleaning up."
Synlait are increasing production of baby formula 3 fold in Canterbury. That should help the supply problem somewhat.
Interesting piece from Australian newscast:
Founder of Milk Powder Australia Simon Hansford told News Corp everything flying off the supermarket shelves is flying straight overseas.
"It's happening everywhere at the moment, it's a real movement," Mr Hansford said.
"Companies like Bellamy’s, A2, Swisse and Blackmores are absolutely cleaning up."
Synlait are increasing production of baby formula 3 fold in Canterbury. That should help the supply problem somewhat.