thats right and i believe they rank you on spend so the more you spend the better the xmas present is ..
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https://www.a2nutrition.cn/find
23,968 Stores! thats a further increase of 168 stores in the last week!
To my knowledge the sales through this channel are generally at a higher margin %
https://www.asx.com.au/data/shortsell.txt
and the daily shorts keep increasing.....
This will bounce back
It is only a small discount, but it all helps. I pay a min. of $30 brok. and .2% instead of .3% above $30 eg $20,000 trade @.3%= $60 and @ .2%= $40. If you do a bigger trade of maybe $150,000 or more, I am not sure it might be $250,000 trade they give you an automatic discount. All you do is phone up and ask. Come to sharetrader meeting and talk about it.
Might not be comparing apples with apples but Direct Broking is .2
https://www.interest.co.nz/rural-new...September+2020
China Skinny has been tracking the dairy market for many years, via its Dairy Tracker. And in spite of foreign brands' natural advantages, their analysis points to performance of foreign dairy brands getting worse in most areas, indicated by the data below.
Just be aware, that's all, I'm not trying to talk it down and have no position either long or short but I am sure those with big positions one way or the other will have strong views on this lolQuote:
Excerpt
Using Tmall data,
Foreign brands’ share on Tmall was 35% in December 2019 (pre-outbreak), but over the first eight months of 2020 has averaged just 23%
In 2016, foreign brands accounted for 52% of sales on Tmall, more than double the 23% in 2020
In 2020, the average price per litre for domestic brands on Tmall is surprisingly 7% higher than foreign brands. This is an improvement from 2016, when domestic brands sold at a 38% premium.
In fact, domestic brands command a premium over foreign milk brands and they have done that by focusing on smaller formats and more targeted segmenting – which typically commands a premium.
“Many foreign brands point to rising nationalism as the reason for declining brand share...