You sound a bit down and out recently Harrie. ATM getting to you?
You always seemed so positive in the past
Just being realistic W69. I'm not saying that their targets will not be reached either. The price only reflects the balance of opinion which is why the SP will remain within the 50 to 53c range until sales volumes data is released from target markets either officially or anecdotally . That data will change the balance of opinion either way
Investment presentation just released to the market. Can't see anything unexpected at first glance. Suspect we will need to see some real progress numbers from UK and USA before we can expect more from the sp !
Originally Posted by Harrie
Just being realistic W69. I'm not saying that their targets will not be reached either. The price only reflects the balance of opinion which is why the SP will remain within the 50 to 53c range until sales volumes data is released from target markets either officially or anecdotally . That data will change the balance of opinion either way
Investment presentation just released to the market. Can't see anything unexpected at first glance. Suspect we will need to see some real progress numbers from UK and USA before we can expect more from the sp !
ATM stating for the 2nd time that they don't currently intend to raise capital but will consider this as growth opportunities arise.
I guess the reason why they have not yet done this is that they don't actually know how much they will need. We know minimum of USD$20M but if it takes off and hopefully it will, will they may need another USD$100M to go nationwide?
It makes sense that they are doing these investor presentations and I would expect more presentations and comms on their progress.
Interesting piece in today's DomPost which covers a number of aspects of the NZ share investment outlook, based on comments by two senior executives of AMP Capital Investors which has been shedding its ATM stake. It says the recent sharp fall in commodity prices now looks "overdone" and growth lies ahead, although a sharp fall in the Auckland housing market, as tipped by the Reserve Bank, could hit both shares and bonds here.
Another interesting story, this time from London's Independent newspaper, analysing the anti-milk argument and giving quite a bit of mention to A2. It's a sensibly balanced story which basically ends up saying some of the criticisms of cow's milk are misguided.
And yet another very interesting article, this time giving details of the campaign that has taken A2 Milk to 9% of the Australian market. Some of this I haven't seen anywhere before. It's great to see A2 featuring in news articles like this.
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Originally Posted by winner69
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