STT TIP
AHF - FA LONG
Current SP ; 28c
MC ; $17m
Only just listed, this milk conglomerate is just finding traction on the ASX. Given what has happened with Bulla and the fact China is gagging for fresh milk.......I think this is going to do a ZIP and just keep going and going for a while.
T20 reads like a who's who of the aus investment world and there are bugger all shares out there. Australian Dairy Farms Group listed on the ASX on Tuesday 28 October 2014 with the stock code “AHF”. Australian Dairy Farms Group (the Group) is a stapled security which comprises a unit in Australian Dairy Farms Trust and a share in Australian Dairy Farms Limited The Group lodged a Prospectus and Public Disclosure Statement with ASIC and ASX on 20 August 2014 and successfully raised new capital of $9.3 million from a range of international and domestic Australian institutional investors complemented by retail investors. The top 20 security holder list includes large professional investors from Canada, New Zealand, Malaysia, Hong Kong, Singapore and Australia. These investors have expressed confidence in the Group and the Australia Dairy industry The broad strategy for the Australian Dairy Farms Group is as follows:
Australian Dairy Farms Group has entered the Australian dairy industry as a farm owner and operator to produce fresh milk for sale to milk processors.
The Group will progressively aggregate dairy farms in prime dairy producing regions of Victoria initially in the Golden triangle area near Warrnambool and over time become a major and profitable supplier of milk.
