So what are you saying?... That the Chinese government has decided that A2 milk is essential over A1? Or that infant formula is essential and honey is not?
I backed up the (imaginary) truck at $4.20 vs $.49 for MPG, don't you remember.
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All infant formula - essential, A1, A2 or A10. Up to the consumers to decide which is the best and with A2's anti-lactose intolerance quality, the China consumers prefer ATM and are prepared to pay top prices for it - that's the market.
When you are ready to bet with real money, let me know.
Would have made some lovely $$$$ off you from the last bet if you were brave enough to back up your belief!
Downward spiral continues .......
Funniest thing about this article supermarket operator says prices dropped 10 % , producer says 25-50 % .....
https://www.stuff.co.nz/business/far...nds-beekeepers
Looks like some beekeepers are in a very sticky situation. Convita shareholders can look forward to their shares ending up in a gooey mess.
Hang on hang on... two poor performing seasons but now an oversupply of Manuka.
I call BS on the management here (if I hadn't done already)
Watch the export margin slide on their products.
Share price still defies any logic based on average earnings over the last few years let alone the present downturn.
Might be worth $2 (my present assessment is well south of that), as a takeover target on the basis that the new owner can clean out all the dead wood in management and on the board and put in place some systems that actually work for shareholders.
Who remembers they were supposed to be making sales of $400m by 2020 lol
"purposely" building inventory, funded by debt. yeah right