you can go to 5% before having to file. Thereafter, every 1%.
That would be quite a lot of shares to be changing hands, especially for someone starting from zero.
Printable View
Perhaps there is something in the background NBT, who knows, just a large holder exiting most probably, the Synlait announcement day could be an interesting one though if they are done by that point. Zigzag just kindly informed us that John Penno yesterday said that he sees it occurring within the next month, reinforcing Geoff Babidge’s comments on timing.
Post reporting analysts price targets are consistently 35% above present share price, valuations are probably consistently higher again, mine certainly is FY15 $1.10, the share price is at or about 18 month lows, revenue growth has been 150% in that same duration, key Australian growth is ahead of plan, and a new market in the US is being opened up.
tick tock
I also point out that if a 4% holder, whose shares are held in NZ Central Securities, sells to other significant holders who remain under 5% AND also use NZCS as their registrar, then looking at an updated shareholder list tells us nothing. There is no movement shown.
All we can say is willing seller(s) are handing them to willing buyer(s) and the buyers realise there is a degree of urgency for the seller to dispose, hence the price drift.
It's just what markets do isn't it?
The ATM mob over in Aussie are getting on with the job of selling into China.
http://www.theaustralian.com.au/busi...-1227061975865
If they could get Au $ 9.00 per litre why bother about making it into baby powder , just export the raw milk ....
http://www.afr.com/p/business/compan...44KWafh8ZbUaDN
They are wasting no time NT001, that first fresh milk air freight was only a few weeks ago, that's ATM though, see a market and go it full speed.
From the FY report Winner, up and away wouldn’t you say ?
“The Company previously advised of the plan to develop products such as UHT milk for sale in Asian markets. This plan is now being progressed. In addition, the sale of fresh a2 Milk™ sourced from Australia into China is a further opportunity now underway, with the first trial shipment having been made in late August 2014. These opportunities are potentially attractive in their own right and will strengthen both the a2 Milk™ brand and our infant formula business in Asia.”
Not sure about $9 a bottle Stoploss, that’s the cheap A1 stuff, ATM are charging 79 yuan, NZ$16 per bottle.
http://gb.isvoc.com/201408262816-24-...l#.VBpg2qjoTAE