So...having reflected on this for over 24 hours now my thinking is rather than irrational exuberance the market is clearly saying the deal with Fonterra the (world's biggest dairy company), is a real game changer. I agree 100%, it really does fundamentally change their long term growth prospects and give tremendous encourage to hold for the long term.
It completely alleviates my one concern with this stock which was about whether there would be enough A2 type cows. Further though, its gives credibility and Fonterra's backing to potentially significant product expansion down the track. A2 type cheeses, butter, yogurt, ice-cream, milk biscuits e.t.c.e.t.c.
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
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