i dont think your anywhere close to being in the same league as grantham therefore i would rather hear what he says than you. whether you believe it or not is your business.
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blackmores update out
https://www.asx.com.au/asxpdf/202002...lk259lrjmd.pdf
saying logistics issues in china making it hard to get product out
some useful information at last ...
this bit might be particularly relevant for ATM (and SML):
Attachment 11008
Is it essential? Mothers who stay at home due to quarantine could do as well the natural thing, couldn't they? Much cheaper and healthier - actually for both mother and baby.
As well
... if the daigou channels don't work, it does not really matter whether consumers want the product or not.
... if money is short, there are plenty of cheaper alternatives around ... and lets face it, while there are various grown ups (particular in Asian countries) who have problems digesting A1-milk, the same is hardly any issue for babies.
But I guess no point in speculating ... I am sure in due course it all will be revealed.
Discl: used to hold a small A2 parcel but sold out yesterday.
One of the reasons that milk powder is so popular in China is because a lot of women lack the ability to provide enough milk naturally partly because of their smaller physique, diet, and culture where as they must "stay thin at all costs".
I don't see ATM being affected much by Corona virus at all .. the only issues might be distribution channels will be strained, but the demand will continue.