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21-02-2018, 10:08 AM
#1011
Originally Posted by whatsup
Todays opening will be very interesting for SML what with todays ATM/Fontera's new partnership agreement.
A2 still owns a chunk of SML, so wouldn't have thought would do too much to the detriment of that - except if the growth opportunities with Fonterra outweigh the value of their shareholding.....
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21-02-2018, 10:09 AM
#1012
Originally Posted by whatsup
Todays opening will be very interesting for SML what with todays ATM/Fontera's new partnership agreement.
DOWN 6.7% I guess that this was to be expected .
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21-02-2018, 10:11 AM
#1013
Originally Posted by whatsup
Todays opening will be very interesting for SML what with todays ATM/Fontera's new partnership agreement.
There might be an initial knee jerk reaction from market but in the long run it does matter as Synlait does most of the Infant Formula requirements whereas the agreement with Fonterra is more for Fresh Milk and A1 free Protein Free Supplements.
Moreover remember its Synlait that hold the CFDA approval which is the main key.
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21-02-2018, 11:27 AM
#1014
I've just placed an order for a few more. May as well apply my ATM "profits" to something
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21-02-2018, 11:34 AM
#1015
Originally Posted by minimoke
I've just placed an order for a few more. May as well apply my ATM "profits" to something
I picked up some this morning at 6.49 as well. Think it might be oversold.
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21-02-2018, 11:45 AM
#1016
Originally Posted by blackcap
I picked up some this morning at 6.49 as well. Think it might be oversold.
What he said... :-)
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21-02-2018, 12:12 PM
#1017
Originally Posted by blackcap
I picked up some this morning at 6.49 as well. Think it might be oversold.
Bit rich for me - got mine at $6.47. Sorry for devaluing your buy!
Now to sit back and wait for next months results and have the attention turned back to SML
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21-02-2018, 12:25 PM
#1018
Originally Posted by sb9
There might be an initial knee jerk reaction from market but in the long run it does matter as Synlait does most of the Infant Formula requirements whereas the agreement with Fonterra is more for Fresh Milk and A1 free Protein Free Supplements.
Moreover remember its Synlait that hold the CFDA approval which is the main key.
Very pertinent points, A2 would be toasted without that approval held by Synlait, infant formula is the big one.
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21-02-2018, 12:42 PM
#1019
Originally Posted by couta1
Very pertinent points, A2 would be toasted without that approval held by Synlait, infant formula is the big one.
Points lost on people intent in devaluing our recent buys!
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21-02-2018, 12:44 PM
#1020
Member
wow this looks like it could be heading to fill the 590 gap, if this falls through 620 could be a real possibility.
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