The $3.70 'takeover offer' plant in the Australian newspaper is the cue to get out in the short term.
Zero credibility imo that there was ever such an offer.
Printable View
such cynicism of our open and transparent market. Who has hurt you Balance?
Haha - don't look at a gift horse in the mouth!
Exhibit 1 : The Australian 27 April 2021
A2 Milk back on takeover radar
With A2 Milk shares stuck firmly in the doldrums, market chatter suggests the battered dairy supplier could be back on the radar of potential suitor.
Exhibit 2 : The Australian 17 August 2021
" ..... the beaten-down share price rallied briefly above $7.00 on reports that A2 Milk has become a takeover target for Nestle. A takeover by the Swiss giant would reinvigorate A2 Milk's infant formula in China and leverage Nestles in-country distribution network. A2 Milk has declined to comment on the takeover speculation leaving the market to ponder the possibilities of a takeover."
Exhibit 3 : The Australian 25 Jan 2022
The Australian newspaper has linked A2 Milk to the Canadian dairy giant Saputo, which is reported to be close to making a big acquisition.
But of course!
Did you not observe how ATM's sp was heavily manipulated imo via the Australian newspaper (refer post #14062 above) so that some sold out at good prices?
Only trust the AFR Street Talk if you want the good oil/leaks - that is the authority when parties want to leak information for real takeover effect.
Truth be known, ever since Adam became a Cowboy, all sorts of 'smoke & mirrors' games have played out through various media channels, including at the AFR.
Just remember though, this is a Chess game, not Draughts, so probably a few more moves to come yet, before Checkmate?
Fingers crossed for you Balance, that you haven't succumbed at the 11th hour and 'snatched defeat from the jaws of victory'. ;)
A2 hurt me. Lol. Common theme on here.
Thats what makes this so much fun, lies, manipulation, hidden agendas, who to believe, wheels within wheels.
Trying to limit my downside and keep rolling the dice for a win. Come on SKT!
Still no on market buyback, a further offer been made ?