ATM - A2 Milk Corporation Limited

[Balance]

Couple of posters looking at the world through their Kiwi inferiority goggles .

Need to leave your emotions behind when you are doing your TA as much as you do with your FA.

Kiwi inferiority on NZX vs ASX is a fact, not an opinion!

Kiwi stocks decamp to ASX - not the other way round.

NZ companies like Air NZ, Fletchers, Warehouse, Tower, Telecom, Pumpkin Patch etc expand into Australia by acquisitions and get their backsides kick back into NZ, nursing multi-billion dollar losses!

Soon ATM will go the same way as Xero to ASX only listing, and NZX will still be navel gazing in puzzlement, seeking for that 'multiple options for growth' as articulated by Harmos & Weldon (2012)!

[bull....]

exit seems to be panning out at the moment waiting to see if the range stays in tact

[minimoke]

exit seems to be panning out at the moment waiting to see if the range stays in tact

All my shares (except TRA) have red down arrows next to them today and ATM is holding up better than the rest.

[smiley]

If and when it does go to ASX what happens to the shares people hold on NZX are they transferred or do they just get payed out?

[mondograss]

If and when it does go to ASX what happens to the shares people hold on NZX are they transferred or do they just get payed out?

They just get transferred much like XRO.

[Ggcc]

They just get transferred much like XRO.

And the share generally rises faster than if on nzx/asx

[Leftfield]

And the share generally rises faster than if on nzx/asx

XRO SP on the ASX currently trading in the $A42/43 range.....Which is where it was in NZ back in 2014.

Sure, while XRO briefly nudged $A52 on the ASX, it's shift to the ASX has hardly been a raving vindication of the move.

Lastly any move by ATM to list only the ASX is pure speculation. Is there any hard evidence to support this?

[winner69]

XRO SP on the ASX currently trading in the $A42/43 range.....Which is where it was in NZ back in 2014.

Sure, while XRO briefly nudged $A52 on the ASX, it's shift to the ASX has hardly been a raving vindication of the move.

ASX listing probably helped Xero heaps in raising that US$300m not that long ago

[couta1]

XRO SP on the ASX currently trading in the $A42/43 range.....Which is where it was in NZ back in 2014.

Sure, while XRO briefly nudged $A52 on the ASX, it's shift to the ASX has hardly been a raving vindication of the move.

Lastly any move by ATM to list only the ASX is pure speculation. Is there any hard evidence to support this?

Unfortunately I think the move is inevitable due to the size of the ASX and the increasing Aussie shareholder base, the NZX is a dying market.

[Balance]

XRO SP on the ASX currently trading in the $A42/43 range.....Which is where it was in NZ back in 2014.

Sure, while XRO briefly nudged $A52 on the ASX, it's shift to the ASX has hardly been a raving vindication of the move.

Lastly any move by ATM to list only the ASX is pure speculation. Is there any hard evidence to support this?

Xero moved to ASX on 5 Feb 2018. Sp then was A$31. Now it is A$42.49 = 37% increase.

Resounding raving vindication vs if on NZX, probably down 35%.