We can only hope it is the big seller (from the last few MONTHS, not weeks!) finishing their reduction! That would be especially nice.
Printable View
Another half million sold! Wow, looks like another big day here 2.7m and its not even 11am!
Any one want to have a laugh...Sold 30,000 yesterday for 55c. and bought 15,000 back today for 58c.:D
Seaweed even at 58 you will be fine by 2025
hopefully sp can break thru MA200 within a couple of weeks, hopefully some positive news (from Uk, China or USA) will be released on the 2nd half 2015....perhaps just my euphoria :p
Finally in the green after 7 months in the red:).
I think when there is ambiguity of meaning it is worth being a pedant.
I accept you have got your answer and that you acknowledge your question could have been better phrased. However, IIRC all of those medical conditions you mentioned (diabetes, autism, cholesterol, Irritable Bowel Syndrome, Crohn’s disease, hepatitis and leaky gut etc), are being or have been investigated as being affected by changing from a diet of A1 to A2 milk. Camel and buffalo milk may contain other proteins or other trace elements that make it easier or harder to absorb the A2, and so change the efficacy of the A2 milk protein affecting that list of medical conditions. I now understand Harrie that this, or something like it, is what you were getting at.
However, in your original question made no mention of these things. So the original question read to me like you didn't even know that camel, beef and sheep milk were all A2 (even though I now know you didn't think that). But the "A2 ignorant" may have read it exactly that way, which is why I pulled you up on the question.
The purpose of this post is just to highlight that the question you thought you asked was not the question you actually did ask. And in this instance that difference matters.
SNOOPY
We have competition from more than just buffalo, sheep and camel milk :ohmy: No see weed, please don't start converting people !
http://www.stuff.co.nz/life-style/we...ess-supplement
I am not sure you shareholders realise how critical the cash position of A2 has become.
In August 2012, with 664.607m shares on issue, the equity in the company was $37.348m (from AGM presentation 20-11-2012)
That represented an asset backing of:
$37.348m/664.607m = 5.6cps
As at December 31st 2014 shareholder equity is just $9.9m (from 1H2015 presentation dated 25-02-2015). Based on the 660.067m shares now on issue this is a net asset backing of.
$9.9m/660.067m = 1.5cps
Earnings from Australia have not been sufficient to fund growth. Almost all the cash the company had following the 2012 rights issue has gone too.
Co-incidentally the share price back then and now are about the same (60c). However, if you consider what you get for your money, buying shares today is much more expensive, - by a factor approaching 4.
There is no reason for the cash situation to have become so critical. The company has a market cap of close to $400m and could easily raise more money via a rights issue or placement. The company cannot borrow because they have no tangible assets to borrow against and no earnings. They are months from running out of cash completely. It doesn't matter what the sales projections are in two years time. All of you shareholders will be gone, out the back door by then, and it will be the bankers and creditors only reaping the A2 benefits.
SNOOPY
And, there's the usual disinformation from snoopy, if anyone wants an assessment of company cashflow it can be found in summary here https://www.nzx.com/files/attachments/208707.pdf