I'm not sure how I feel, I don't hold any where near as many as you but I don't want to sell. Its interesting that they have changed their wording and now say that they are in the advanced stages of planning for equity raising.
Printable View
I'm not sure how I feel, I don't hold any where near as many as you but I don't want to sell. Its interesting that they have changed their wording and now say that they are in the advanced stages of planning for equity raising.
They using MAC to do the valuation ......worth $1.10 but will offer 95 cents if it goes ahead. Bit if wiggle room to go to $1
Trade buyer eh
Pretty happy with my recent purchase at 50c. Looking closely to see what price we think is fair and then may as well sell out for other opportunities.
A pet theory.I think its Ebos.They are branching out big into pet foods. Remember how everyone fed milk to their cats ;then we were educated that milk is bad for cats. A2 is excellent for cats(and thieving hedgehogs) and in this modern world where pets are put ahead of people; think of the millions of litres pets thruout the world can now lap up A2. personally i hate the stuff and am not convinced at all of its benefits and will be glad to get rid of my shares for a profit
Gotta love the timing of the announcement. Just a month out from FY results, must be great feelers from US and UK markets.
Time to buy some more?
Any offer would surely be over the 90 cent mark given the stock was trading at the price over a year ago and the growth strategy seems to have been cemented as working with a lot of demand in China and half of the market not even getting a chance to buy a2 milk
in NZD/USD terms, its pretty much the same market cap that it was a month or so ago when price was around $0.56
Could be a buying frenzy when ASX opens shortly then?