I'd be interested at $10 with a lot of the hype taken out of it. Too much risk with concentration of supply to China, (in the current hostile trade environment) for my liking.
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I agree there is too much risk carrying by A2 at this stage. On top of the concentration in Chinese IF market, if Trump decided (or even just Tweet) to declare a (potential) tariff on any Australia imports, (which he thought about it in the weekend on the aluminium product), that would send A2M price way down south. Never says never, he is Donald Trump.
short bounce might go under 14 today?
A change to US tariffs on Aussie imports / exports would have absolutely zero impact on A2.
if China increased tariffs on Aussie imports and cracked down on the grey market it could have huge implications for A2 but chances of that happening are basically non existant.