What a crazy article ! Why would farmers sell milk to WCB at $5.60 when they can get $6.00 from Murray - Goulburn ? Mr Saputo may have big plans but with out milk to run through the factory - WCB are not a player in the business. If Mr Saputo is fair dinkum WCB should be offering $6.50 to farmers.
The first thing Mr Saputo should do is buy out the minorities of WCB, that would improve WCB no end!
So far as A2M is concerned it is a milk processor / marketer not a mining exploration company . The cost to produce milk is known as is the price consumers will pay for milk even a premium brand A2Milk .
FF are in the box seat the largest shareholder with 20%, that gives them a blocking stake or the ability to increase the numbers directors representing their interests. The major shareholders of FF are very astute business people. Forget the Chinese they are a distraction, if they really wanted to buy a dairy company 'they would run the ruler' over Bega or one of the small independents already large producers of 'baby milk products and the like.
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Last
$5.25 |
Change
-0.150(2.78%) |
Mkt cap ! $3.801B |
Open | High | Low | Value | Volume |
$5.38 | $5.47 | $5.21 | $17.99M | 3.401M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | $5.24 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.26 | 18554 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 5.240 |
4 | 14827 | 5.230 |
6 | 35633 | 5.220 |
7 | 34410 | 5.210 |
15 | 26354 | 5.200 |
Price($) | Vol. | No. |
---|---|---|
5.260 | 18554 | 2 |
5.270 | 5726 | 2 |
5.290 | 4216 | 2 |
5.310 | 5600 | 1 |
5.330 | 7500 | 2 |
Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
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