XAO 0.27% 8,586.9 all ordinaries

Short Term Trading Week Starting: 26 Mar, page-180

  1. 710 Posts.
    lightbulb Created with Sketch. 28
    "Nestle, the world's biggest food and beverage company, has launched a brand of infant formula that uses the A2 beta-casein protein made popular by the New Zealand and Australia-listed a2 Milk Company."

    http://www.nzherald.co.nz/the-country/news/article.cfm?c_id=16&objectid=12021611

    Any thoughts on this? Is this going to crowd out the smaller producers, or take the wind out of A2M's ability to beat projections? Such a large player entering the space is sure to cause some ripples. Surely still plenty of room for a number of profitable competitors, but this could make some of the smaller infant formula companies look a little more risky.
 
watchlist Created with Sketch. Add XAO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.