ATM - A2 Milk Corporation Limited

[pg0220]

will they even need the same licenses if they become chinese owned?

I think the SAMR approval is also required for Chinese companies as well. I previously followed HC posts on BAL and there were some SAMR approval posts for seemingly Chinese companies although I couldn't read Chinese.

Can anyone correct me if I am wrong?

[bull....]

I think the SAMR approval is also required for Chinese companies as well. I previously followed HC posts on BAL and there were some SAMR approval posts for seemingly Chinese companies although I couldn't read Chinese.

Can anyone correct me if I am wrong?

even if they do need them still , i imagine it will be very easliy obtained being it is chineses owned company fulfilling the parties goal

[dobby41]

If BAL receives SAMR when BUB and WHA are still waiting for it, it clearly indicates the SAMR approval process is unfair and biased.

And then what? They'd still have the SAMR approval and other can cry all they want.

[Beagle]

Sure is I was seriously in the red with BAL but my gut told me something good was coming and to hang on.

Congrats mate. Couldn't happen to a nicer guy

[carrom74]

i view it negative in long run for a2 as chinese owed infant formula company fits with china stated goal of owing there supply chain thru offshore purchases of foreign owed companies. expect in time bellamys will now become big supplier into china thru meng

Thanks Bull..we will see what ASX thinks in 20 minutes...

[silu]

Definitely will.

Congrats then Couta1!

[Ggcc]

Just a thought for those shorters with BAL...... Awwwww. Well done Couta

[dreamcatcher]

Sure is I was seriously in the red with BAL but my gut told me something good was coming and to hang on.

I also was in the same eye watering loss situation with BAL and don't play the shorts game so congrats to you for holding.

[Sideshow Bob]

Chinese paying 30 times ebitda for the dog BAL

ATM at 30 times ebitda is about $17

Which would equate to about $12.5 Billion.....

[pg0220]

Which would equate to about $12.5 Billion.....

Even more with special dividends they are declaring to be factored in...