well said , all those upgrades and fan fare leading up to the announcement
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hi, ATM owns a consumer brand called A2 (and have done excellent job building that brand, with a fair dollop of luck & good timing along the way).
They don't control the A2 herd or milk, anyone can move their herd that way. Others can (and do) sell A2 products but not under the A2 brand (which does get confusing).
Recall that Westland farmers (now supplying Yili) have a large concentration of A2 cows.
Disc: holder of ATM
Warren Buffett reminds us:
“Mr. Market is there to serve you, not to guide you. It is his pocketbook, not his wisdom, that you will find useful. If he shows up some day in a particularly foolish mood, you are free to either ignore him or to take advantage of him, but it will be disastrous if you fall under his influence.”
With the now recognised formula of $14.00 plus or minus 10% seems to be the trading range for now ( imo the S P will slosh trade around these levels until the AGM when it will increase/decrease due to up dates on trading )
we gave up on cows milk a few years ago and just use soy (pams light) Cows are on a bit of a sticky wicket at the moment. Will be artificial meat next, and in terms of being carbon neutral, anything cow is a dirty word, especially if it imported from a huge distance away, which covers just about all kiwi exports.
Another day of huge volume - 15.2m shares on ASX.
Add the 19.75m done on Wednesday, and the 7.7m yesterday = 42.65m shares.
Compare that to the 47.47m number of shares shorted at the beginning of the week.
Share has gone down on huge volume - what does it mean?
https://www.shortman.com.au/stock?q=a2m