CFDA / SAMR is absolutely critical for the valuation of IF companies. The performance of SP between A2 & BAL tells the story. I reckon the final approval alone could send the market cap at least double from current level, then any growth of sales post approval will keep pushing the SP beyond $3 etc.
I’m very interested about the progress of the organic milk powder. It could be a real kicker if the execution is smart. I think the management team has a great vision of replicating another A2 or even better one over here. To me this stock might worth long term holding.
I wrote to the company about the progress of organic milk powder as well as other plans of increasing brand awareness on both of Australian & international soil. I understand they can’t tell me anything that the market doesn’t know about. Hopefully I can hear some big picture thinking.
Chart is strong & pointing to another leg up soon which could well timed with the SAMR Ann, or other positive news from the Co. I have started buying small parcels & will keep doing on any weakness. Good luck to all