ATM - A2 Milk Corporation Limited

[babymonster]

so can we sell our holding on asx?

[dingoNZ]

so can we sell our holding on asx?

Talk to your broker, but simple answer is no, not easily anyway

[winner69]

so can we sell our holding on asx?

Why would you want to do this anyway?

[Harrie]

Can't see where the shares to buy are coming from.
Only logical explanation is that one or two of the insto's or maybe freedom have indicated to the company that they want to sell. Its then a question of what price. There may be a big spread between buyers and sellers in that case, unless the sellers are keen to get them off their books after reading snoopys valuation analysis.
Bit of a strategic faux par IMO that Burbidge has effectively talked down the importance of baby formula in China and instead going for the market that has a perceived intolerance to dairy. Not sure if that science has been proved yet?

[winner69]

Can't see where the shares to buy are coming from.
Only logical explanation is that one or two of the insto's or maybe freedom have indicated to the company that they want to sell. Its then a question of what price. There may be a big spread between buyers and sellers in that case, unless the sellers are keen to get them off their books after reading snoopys valuation analysis.
Bit of a strategic faux par IMO that Burbidge has effectively talked down the importance of baby formula in China and instead going for the market that has a perceived intolerance to dairy. Not sure if that science has been proved yet?

Brokers 'shunt' shares back and forth

Even babymonsters shares could be sold on the ASX .....but he wouldn't know as for him it would be a NZ transaction.

[dingoNZ]

Brokers 'shunt' shares back and forth

Even babymonsters shares could be sold on the ASX .....but he wouldn't know as for him it would be a NZ transaction.

its very common in the bigger names, SPK, FPH, FBU, TME, most of which are generally lead by ASX traded stock (ie it drives the price in the NZ market).

For an individual such as yourself to do it could be done, but not without costs and is simply just a pain to do.

[babymonster]

Brokers 'shunt' shares back and forth

Even babymonsters shares could be sold on the ASX .....but he wouldn't know as for him it would be a NZ transaction.

ok, so the sp movement will be the same on both stock exchange. if the aussies want to buy, they will have to buy them through us..if i understand it correctly, basically the listing on asx is to create more buyers.. good for me..

[dingoNZ]

A lot of Australian fund managers have set mandates where they cannot investing in stocks outside of the ASX, so yes, an ASX compliance listing will mean they can get a finger in the pie, so to speak.

[winner69]

ok, so the sp movement will be the same on both stock exchange. if the aussies want to buy, they will have to buy them through us..if i understand it correctly, basically the listing on asx is to create more buyers.. good for me..

Eventually there will be a pool of shares on a Australia Register.

Still think all this is being done to help / make it easier for Freedom get rid of their shares.

[see weed]

More buyers than sellers so far on ASX