And hopefully its down another 3% tomorrow. Its a big gift before the AGM :)
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Good volatile 68c spread for the day, shorters have a short window open to get out of jail before the SP increase leading up to the AGM on the 20th, they won't want to bet their shirts on what's going to be said on that day.
i doubt they will give a yearly forecast as they dont know the new regs yet , only be how the current yr to date is going.
Nice to see some uprating of A2's SP possibly influenced by;
1.) A2's CEO attending/addressing China's International Import/Export talkfest
2.) Encouraging words re free trade and imports from China's leader Xi at the same meeting
3.) Encouraging news of huge pre-orders of A2 IF ahead of the 11/11 one-day sale
All bodes well for the next update.
This was teh news this time last year.http://www.chinadaily.com.cn/a/20171...5316d3993.html
its looking liek 11/11 could really be quite spectacular this year.
Roll on to tehe other day and Ozzie mums arent happy. https://www.nutraingredients-asia.co...age-complaints
Sam Tretheway from Milford on A2
Sales and volume holding up. Volume in China is increasing, E Commerce very important platform. No issue with English Language labels going into China, Trying to diversify across as many platforms as possible to de-risk regulations. Milford took profit at peak. Seem to be winning market share in China. E-commerce regs are major risk - they need to show that it is managed.