Some more articles doing the rounds ! Australian "daigou"...

Some more articles doing the rounds !

Australian "daigou" retailer to sell own-brand A2 milk powder, shares jump
https://www.businesstimes.com.sg/co...-to-sell-own-brand-a2-milk-powder-shares-jump

Aumake joins the China infant formula crew, shares jump 23%
https://unauthorised investment adv...h-pure-nutrition-to-develop-formula-products/

Pure Nutrition Limited to supply Aumake with milk powder products
https://www.weeklytimesnow.com.au/a...s/news-story/02c75b3b621a3af9ea704f043399637f

Where to from here ??

AU8 have been very smart in regards to initially focusing on the development and sale of milk powder formula products for the ‘non-infant’ Chinese market that do not require SAMR approval (including English labelled infant formula sold within Australia).

They're still trading under a fully diluted market cap of $100m which is crazy considering their peers in BUB & WHA trade around a $300m mkt cap and don't yet have SAMR approval.

AU8 already has far greater sales (from their underlying business) compared to both BUB and WHA and are losing far less money than BUB (AU8 and WHA are similar).

This is a stock you want to own !! They aim to be cash flow positive next year. Writing is on the wall here guys.

Good luck