ATM - A2 Milk Corporation Limited

**Gregnz** · 26-01-2021, 09:49 AM

Given that MUFG (Mitsubishi Financial Group) own Morgan Stanley, I'd say the two notices are related.

**Leftfield** · 26-01-2021, 04:04 PM

NZ & China renew free trade agreement

By 1 Jan 2024, all NZ diary exports to China will be duty free.

RNZ article here.

Nice boost to SP today.

**Gregnz** · 26-01-2021, 04:16 PM

Originally Posted by Left field

NZ & China renew free trade agreement

By 1 Jan 2024, all NZ diary exports to China will be duty free.

RNZ article here.

Nice boost to SP today.

Good to see it signed. It was basically a done deal back in November, but I guess it's not a done deal until pens hit the paper.

**Balance** · 26-01-2021, 04:27 PM

Originally Posted by Left field

NZ & China renew free trade agreement

By 1 Jan 2024, all NZ diary exports to China will be duty free.

RNZ article here.

Nice boost to SP today.

Marginal benefit to dairy sector imo as NZ has enjoyed preferential access & tariffs to China - eg. NZ IF already is tariff free into China.

**Gregnz** · 26-01-2021, 04:35 PM

Originally Posted by Balance

Marginal benefit to dairy sector imo as NZ has enjoyed preferential access & tariffs to China - eg. NZ IF already is tariff free into China.

Geopolitical tensions have been top of mind and topic of discussion for months, so I see this as being confirmation of basically throwing any geopolitical tension out the window for dairy exports from NZ.
All we need now is to continually remind people that A2 is in fact a NZ company... seems most Australians including the media think it belongs to them (much like the Pavlova, and Phar lap the Horse)

**Waltzing** · 27-01-2021, 12:32 PM

starting to form a micro base here.

**Leftfield** · 27-01-2021, 12:42 PM

Originally Posted by Waltzingironmansinlgescul

starting to form a micro base here.

I agree..... early days but TA looking encouraging IMHO.

Having said that, I've probably put a hex on it. lol.

(Disc - free hold enough, so not adding. DYOR.)

**Biscuit** · 27-01-2021, 01:06 PM

Originally Posted by Left field

I agree..... early days but TA looking encouraging IMHO.....

Is "micro base" really a thing? Does the wiggly line look any different from the wiggly line just before the last two precipitous plunges?

**alokdhir** · 27-01-2021, 01:23 PM

From past experiences it seems to be following the same holding pattern ...wont make its move either side, only after letting management enlighten market .

So 10.80 holds and now testing the upper limits ...let'c see where courageous shorters come out