My point wasn't really comparing the two per se, but rather A2 is a highly profitable business sitting on a cash pile where as XRO to date is not ,yet it has smashed it in terms of SP. Lets not forget that XRO went from $45 down to $12 on route to $50, maybe there is a similarity between the two in this respect.
Good point mate. I think patient long term holders will enjoy a very rewarding future with ATM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
A2 milk under the A2 milk company / Anchor brand is at pack and save for $6.29 now. Very pricy! Will be interesting to see how it sells and if we'll see some marketing spend here.
A2 milk under the A2 milk company / Anchor brand is at pack and save for $6.29 now. Very pricy! Will be interesting to see how it sells and if we'll see some marketing spend here.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Interesting... I hadn't thought much about the fact anchor was doing their bottling/distribution and how that may lead to co-branding. It certainly looks more professional than Fresh Valley.
Fonterra have dismissed A2 for years... now they have A2 branded product, what if its really successful? who wins?
Fresha Valley is similarly priced in Countdown Auckland. $1.39 for great looking packaging tells me I was in the wrong business. Being a big milk/porridge person I have found the thickness one can get in the throat from milk has all but disappeared after using A2 milk (it might have other benefits with the professional packaging.
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