“ "6 December 2017 NZX/ASX Market Release
SETTLEMENT OF AUSTRALIAN LEGAL DISPUTE
The a2 Milk Company Limited is pleased to advise that a settlement has been reached in respect of the legal dispute with Lion – Dairy & Drinks Pty Limited. The parties have mutually agreed not to proceed with their cases against each other. The terms of the settlement are confidential. The parties are very satisfied with the outcome and will remain focused on building and maintaining the strength of their individual brands.
For further information contact: The a2 Milk Company Limited Geoffrey Babidge Managing Director and CEO +61 2 9697 7000"
With this ATM is totally de-risked, onwards and upwards for 2018.
“ "6 December 2017 NZX/ASX Market Release
SETTLEMENT OF AUSTRALIAN LEGAL DISPUTE
The a2 Milk Company Limited is pleased to advise that a settlement has been reached in respect of the legal dispute with Lion – Dairy & Drinks Pty Limited. The parties have mutually agreed not to proceed with their cases against each other. The terms of the settlement are confidential. The parties are very satisfied with the outcome and will remain focused on building and maintaining the strength of their individual brands.
For further information contact: The a2 Milk Company Limited Geoffrey Babidge Managing Director and CEO +61 2 9697 7000"
With this ATM is totally de-risked, onwards and upwards for 2018.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Lot of selling off going on across the board at the moment, so maybe not.PS-I wonder whose balance sheet will show the impairment for the settlement, one will.
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