Thanks....interesting link.
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Looks like BUB's quarterly report has some positive view of corporate daigou channel showing signs of improvement.
A similar commentary from A2 at release of HY report next month would see this soar..
I remain bearish, I could easily see this returning to $10.50 or lower soon.
Stats NZ bold headline
Dairy exports to China down in December
Leading the total falls in December 2020 were milk powder, down $227 million
https://www.stats.govt.nz/news/dairy...wn-in-december
Coincides with the container shortages that NZ also experienced primarily in December.
Attachment 12257
Solid finish on BUB chart last night, up 23% on good volume. Could well be shorts covering and pushing higher, let's see what's in store for them on A2 front.
with no bad news its risk on for this stock and it may be its being traded rather then held.
The cancellations in containers is a potential problem that we dont normally look into at the shipper level and the sales departments appear to be as bad as an Aussi bank on cup day. Sorry that container booking i sold you has been cancelled. Exporting good is not the perfect booking system we imagine it to be.