Unfortunately, both sides are paying the price but who is going to suffer more?
Interesting to note that Indonesia is happy to price its coal and receive payment in RMB. World is changing.
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For what’s it worth Kingfish have reduced their holding
fol
a2 Milk (+1%) maintained its first half 2021 and full year 2021 guidance at its AGM. During the Singles Day festival, a2 grew volumes +24% year on year which was in line with expectations. Management have pointed to "green shoots" of a recovery in the daigou sales channel, however we have reduced our position size as the recovery in the daigou channel is developing slower than we had anticipated.
Interesting, but what is the relevance for ATM? ATM does neither produce coal nor is it an Australian company.
I guess the only connection I could see (and this is a long shot) is that thanks to the Chinese embargo of Australian coal Synlait might be able to get cheaper coal for drying their A2 milk powder ...
Maybe you should put this discussion on some more relevant thread ...
All I can say is the World is watching and probably start reducing their dependence on China ........... lesson "never put your eggs in one basket"