Was not me,but had a good chuckle when I saw the headline.! lol.
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yes, Percy seems we are all well positioned now. But I'll bet Synlait gets to $4 before Heartland breaks the $ mark.:D
Not on the list ..... but confident
GENERAL: SML: Synlait Milk confident of China registration The initial list of registered New Zealand companies issued today by the Certification and Accreditation Administration of the People's Republic of China (CNCA) did not include Synlait Milk as an exporter of finished infant formula into China. This announcement has been anticipated by the Company for some time. The Ministry for Primary Industries (MPI) has confirmed that it expects Synlait Milk to receive registration following the approval of its Risk Management Plan by MPI for its dry blending and consumer packaging facility. Construction of this facility is scheduled for completion in June 2014. Synlait Milk and its customers are well prepared and have ensured sufficient stocks of product have been manufactured prior to 1 May or are held as stock in market to cover the interim period before it receives registration. Synlait Milk supports the Chinese regulatory changes designed to improve the quality standards required of manufacturers supplying that market. End CA:00250007 For:SML Type:GENERAL Time:2014-05-01 14:33:15
They say that they may grant license in June.
The company is so sensitive to the SP.
Bit of a worry, I thought SML would be one of the first on the list, but I am sure theyll get there
The market doesn't seem to care. Closed up today...