ATM - A2 Milk Corporation Limited

[iceman]

Significant drop after that announcement

The TO speculators selling out again and see weed buying :-)

[Harrie]

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.

Yes one of my fears nicely removed NT.
All looking good. The EBITDA increase of 200% has probably got a lot to do with the exchange rate, however more important to me is the revenue growth and success in international markets.
While encouraging, especially in California, there is still a question mark over penetration into the UK market. It will take some time but the positive progress is likely to bring about more interest from other offeror companies.
Would not expect to see SP move much below 0.69 until something else is reported.

[stoploss]

Significant drop after that announcement

This story is not over yet ......

[NT001]

The science behind A2 is starting to get a good airing in the US. This item in a respected US newspaper is one of the best I've seen at educating consumers.

http://www.seattletimes.com/life/wel...milk-may-help/

There's just one unfortunate error that slightly detracts from the article. It says Guernsey herds have low A2 levels. Actually they have very high levels.

It's also interesting that this farm is not having its cows tested for A1-A2, presumably to save the quite small cost of testing. There is quite a degree of resistance by some independent farmers in the US to having to pay to have their cows tested, but that cost saving is counter-productive. It will prolong the conversion process, which can't be done by guesswork, even if they do select semen from A2 bulls. Quite apart from infringing a2MC's IP if they sell their milk as A2, they can't assure customers their milk is A2 until every cow in the herd has been verified by testing.

[winner69]

This story is not over yet ......

Correct stoploss

a2m is still play

See media seems to have picked on flat profits in their headings

[NZSilver]

Brilliant lunchtime reading.

1. Trading update looking great, revenue growth means company is growing.

2. If you read between the lines board has basically said they need a higher price to t/o - looking after its shareholders.

3. FF/Dean's still interested + other party(s) have expressed interest.

[stoploss]

Brilliant lunchtime reading.

1. Trading update looking great, revenue growth means company is growing.

2. If you read between the lines board has basically said they need a higher price to t/o - looking after its shareholders.

3. FF/Dean's still interested + other party(s) have expressed interest.

Yes no way of knowing if they offered 90 cents say and the board said no ..... Some big parcels just going through here and in Aussie , indicates someone still wants them

[Kirk]

The best things that update on T/O did was affirm the market speculation about other interested parties. Based on the growth increase couldnt be happier for cap raising to take place because as an existing shareholder the current result confirm that the board know what they are doing and how to apply the growth strategy successfully in other Countries. The cap raising will speed growth up and i feel benefit us existing shareholders even more

[NT001]

..... Some big parcels just going through here and in Aussie , indicates someone still wants them

Actually it seems to me trading has been fairly subdued considering two quite big announcements this morning, and the interesting point is that the SP has quickly recovered most of its initial fall on both markets. It's not surprising there is demand out there, as we're now into phase 2 in which the known parties are engaged in further detailed "discussion" about a possible T/O and other parties are also expressing interest. There will be some jockeying for position going on with various runners eyeing up their rivals, like on the second lap of a 1500 metres. Various parties to a potential takeover, as well as speculators, may be wanting to establish a stake or increase their existing stakes.

If Dean Foods are still in the equation, which they seem to be, it might be logical for them to be accumulating a strategic stake so that they have a demonstrated interest in the company rather than just being an appendage to Freedom Foods in a complex and airy-fairy scenario dreamt up in Sydney. I'd rather like Dean to come in as a cornerstone shareholder through a share placement as suggested by Bull (post 4337), obviating the need for a capital raise to fund the US expansion.

[sb9]

Just throwing out there in light A2 board mention of other interested parties. Could Gina Reinhart throw her money after this, seeing the returns from mining are pretty much getting thinner and thinner, just a thought?