ATM - A2 Milk Corporation Limited

**Harrie** · 31-03-2015, 12:20 PM

I suppose shares are shares at the end of the day whether they are purchased in $NZ or A$
I am surprised to learn that some Australian institutions have self imposed mandates to only purchase shares on the ASX. Very limiting, but IMO this would tend to increase demand as insto's work to diversify their portfolio's into shares which were not previously available to them, especially those with a track record and brand awareness in Australia.
Balance that off with potential sellers and this afternoon will look interesting around 2:30pm NZ time. IMO I don't see Freedom as a seller when I read between the lines in their last report. I'm also of the opinion that AMP should be well out of the market by now.
My guess of trading range this afternoon will settle in the A$0.47 to A$0.49 mark for A2M. That should push a2mc to up around NZ$0.51 maybe NZ$0.52 mark.

**babymonster** · 31-03-2015, 12:23 PM

here comes the announcement...

**mayday** · 31-03-2015, 12:23 PM

a2 Milk shuns Asia rush as shares hit ASX boards

http://www.afr.com/business/a2-milk-...0150330-1m6td3

**Harrie** · 31-03-2015, 12:35 PM

Buyers at mo A$0.51 ~NZ$52.50!

**see weed** · 31-03-2015, 12:48 PM

ASX been open over half an hour and orders not traded yet?

**JohnnyTheHorse** · 31-03-2015, 12:48 PM

Originally Posted by Harrie

Buyers at mo A$0.51 ~NZ$52.50!

Very early days. 1.5 hours until it opens, so a lot will likely change. The good thing to take from it at this point is that it looks like it will be actively traded on the ASX, unlike several other dual listings of late. That is very good news.