ATM - A2 Milk Corporation Limited

[Joshuatree]

Great performance and makes me want to throw heaps of money at any cap raise;but i don't really atm.

yes indeedy
" The Board has also received other confidential enquiries indicating potential interest in the Company, and is in the course of evaluating these."

[Kirk]

Does the forecast performance mean that cap raising may not occur?

[trader_jackson]

Share price shows signs of moving no where... hype (and better results) already built into the price...

[trader_jackson]

Share price shows signs of moving no where... hype (and better results) already built into the price at this stage...

(actually moved down!)

[Minerbarejet]

Of more significance perhaps was the removal of 300,000 resistance at .77.

[Joshuatree]

Does the forecast performance mean that cap raising may not occur?

Very much doubt it kirk and the mkt knows it .

[bull....]

the company has rejected there takeover attempt as inadequate so unless they substantially adjust the price no takeover will occur and a rights issue will happen.

they could bring in another cornerstone party as a shareholder thru a rights issue

[NT001]

Terrific result, and delighted the EOI is being rejected. Would like to see a2MC continue on its present course.

To me, one of the most significant parts of the update was that "New long term milk supply contracts with key milk suppliers in ANZ have been negotiated to support growing demand moving forward."

That would appear to mean there is no great threat of Perich and Moxey trying to put pressure on a2MC by withholding supply, as some of us had feared.

It's also very pleasing to learn human clinical trials of A2 Milk have been done in China and the results are to be published soon. That should give a significant boost not only to immediate sales inChina but also to the overall scientific rationale for A2.

[vin]

Significant drop after that announcement

[sb9]

I go with NT001 on this one. Great that the board has rejected the offer, which only suggests that they've huge confidence in future potential for this brand. Happy to support them if they need more capital from current shareholders. The price drop today I believe is caused by short tem traders. I'm more than happy to ride this one till end. GO A2 MILK!!!