No problem here too, original ones at 58c are well intact and overall with recent top up all green :)
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And there I was being pissed off about selling my profits for a free ride at $1.60 in January. Ouch.
It has been signaled by Chinese authorities for months now that they are going to regulate the industry more widely.
It is well known that sales of A2 milk formula have benefited hugely by back door sales.
That door looks to be closing for now.
Still a great product.
Was looking to get back in at lower prices, Is anyone able to state the next technical support level ? As would hate to get back in too early.
DYOR!!!
Lactose intolerance has nothing whatsoever to do with A2 or Bellamy formula products
A2 product differentiation is a protein difference
Bellamy product differentiation is organic farming practice
Both formula ranges contain lactose......
A2 is at high risk if Aussie grey-trade is closed, their annual report clearly spelled this out. Bellamy also exposed, but less so than A2
If you're wondering, I've been in the formula industry since 1991
Broken through the 200 day EMA. Personally I wouldn't consider buying until the bottom had been established.
Is it just me or do markets seem very turbulent at the moment?
xfalcon is correct
a2 will be pounded
http://m.nzherald.co.nz/sharemarket/...ectid=11581288