ATM - A2 Milk Corporation Limited

[sb9]

I see it as positive that Dean Foods is out. Was never in favour of takeover, ATM has got much bigger potential in coming years and would rather that the we reap the benefits.

[Nasi Goreng]

should announce capital raise then shortly?

My limited experience with capital raise is that the share price will drop again once capital raise is announced. Based on that, I wouldn't be a buyer right now.

[sb9]

There we are....Trading Halt!!!

[twotic]

There we are....Trading Halt!!!

So the article came out last night, and they allow 32 min of trading before a trading halt? That stinks if you ask me!

You may like the long term prospects of holding this stock without the takeover bid, but short term this can not be good for the SP, surely! Traders out who were betting on a takeover (SP down) and ensuing capital raise (SP down). Not good if you ask me....

[Crackity]

Most likely from this article yesterday evening:
http://www.smh.com.au/business/freed...31-gjbu5k.html

As a first post that was a very useful one! Ta Lol

[sb9]

So the article came out last night, and they allow 32 min of trading before a trading halt? That stinks if you ask me!

You may like the long term prospects of holding this stock without the takeover bid, but short term this can not be good for the SP, surely! Traders out who were betting on a takeover (SP down) and ensuing capital raise (SP down). Not good if you ask me....

That's fine twotic, I'm not trader!!! Happy to play to long term...

[mattwanz]

Oh well just a matter of time until some Chinese businessman picks the whole lot up at a discount

[sb9]

Oh well just a matter of time until some Chinese businessman picks the whole lot up at a discount

Yep, time will whether that 3M shares trader this morning before trading halt was a bargain or high price...

[Bjauck]

So the article came out last night, and they allow 32 min of trading before a trading halt? That stinks if you ask me!..

I agree. There should have been no trading at all this morning until after an announcement to the exchange.

[Crackity]

My limited experience with capital raise is that the share price will drop again once capital raise is announced. Based on that, I wouldn't be a buyer right now.

Sell me some bargain basement shares ATM - I like the company's growth story so far. Take some of my money - build the business more - share price growth will follow