ATM - A2 Milk Corporation Limited

**NZSilver** · 06-07-2015, 04:35 PM

Yeh I thought they would have gone the other way and tipped over 10%. Interesting.

**see weed** · 06-07-2015, 04:44 PM

115,722,000 + shares gone in last 25 days. But I bought some more this avo.

**NT001** · 06-07-2015, 04:56 PM

Originally Posted by see weed

Milford just sold 14.8 mill a couple days ago.

Actually they began selling the 14.8m shares earlier in June, before the price shot up with the takeover talk. They still have 50.8m shares (7.7%).

**see weed** · 06-07-2015, 05:12 PM

Originally Posted by NT001

Actually they began selling the 14.8m shares earlier in June, before the price shot up with the takeover talk. They still have 50.8m shares (7.7%).

Sorry

. I wonder who, are they selling to?

**NT001** · 06-07-2015, 05:34 PM

Of the 14.8m shares sold by Milford, 8.6m was listed as a "transfer" rather than a sale, and took place on Friday at 75c. Not sure exactly what "transfer" means in this context. A negotiated off-market deal? A transfer to the ASX register?

**Harrie** · 06-07-2015, 05:39 PM

I would think the hold up at the talks at the mo is because FF/Deans are talking to the shareholders like Milford ACC and NZSF about what sort of price they would be happy to sell at.

**winner69** · 06-07-2015, 06:52 PM

Originally Posted by NT001

Of the 14.8m shares sold by Milford, 8.6m was listed as a "transfer" rather than a sale, and took place on Friday at 75c. Not sure exactly what "transfer" means in this context. A negotiated off-market deal? A transfer to the ASX register?

Prob the shares they had as part of the Mercer mandate and 'transferred' to whose doing the Mercer stuff now

Tied in with carry on
http://www.nzherald.co.nz/business/n...ectid=11476583