I can understand why BUBS is rising-what a fantastic update! but cannot fathom why A2 rising...Nothing reported since Feb-except class actions updates.
I guess A2 does not even want to get into the US mud slush...
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I can understand why BUBS is rising-what a fantastic update! but cannot fathom why A2 rising...Nothing reported since Feb-except class actions updates.
I guess A2 does not even want to get into the US mud slush...
Perhaps no news is good news as market priced in a downgrade since the Shanghai lockdown. Could be that it’s not all that bad.
Don’t think they would like to pursue US opportunity as they may not get premium price in that market as they currently get in China.
And also it’s short term demand spike due to shortage in US.
Guy on radio -
Mike Joy: It takes up to 11,000 litres of water to dilute the pollution caused by the production of 1 litre of milk on Canterbury farms. To add insult to injury nearly all the milk with this huge water footprint is then dried with coal for export as powder for junk food & breastmilk replacement.
Enough to put you off investing in such a companies as A2 and Synlait .... even though the coal bit is going away
Wait till you find out how much water they use to make the milk to start with.
https://dsf.newscorpaustralia.com/th.../subscription/
A2 CEO David Bortolussi confirms the company has submitted an application to the US FDA last week
It is an interesting situation, as an ex dairy farmer and a keen fresh water fisherman I have gathered a lot of information and there are some damning reports out there that DON'T make it into the public arena. Instead of reducing nitrates in the Rakia they just doubled the level they considered acceptable to well above what is considered safe internationally. Big tobacco all over again. Resident trout population went from 200,000 to 2,000 while cow numbers went from 15000 to 1,500,000 over 20 years.