Synlait has NZ$1.66B market cap, Fonterra $7.15B and A2 $10.5B
Fonterra's attitude was once that A2 milk was nothing more than a passing clever marketing fad.
No more, with the tie up announced last year. Fonterra has a lot to offer ATM/A2M with it's global reach and supply.
In its other supply partner Synlait, A2 has a 17% stake.
Surely A2 have considered a strategic holding in Fonterra as well??
With $287M cash on hand at the end of 2018, I wouldn't be surprised to see some of this invested in Fonterra in the near future.
And just like A2 Milk Infant Formula was a game changer for Synlait, watch A2 milk give a boost to Fonterra.
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Last
$4.24 |
Change
0.100(2.42%) |
Mkt cap ! $455.4M |
Open | High | Low | Value | Volume |
$4.15 | $4.25 | $4.14 | $106.0K | 25.30K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 42 | $4.24 |
Sellers (Offers)
Price($) | Vol. | No. |
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$4.44 | 4 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 42 | 4.240 |
1 | 239 | 4.180 |
1 | 6000 | 4.100 |
1 | 1600 | 4.020 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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4.450 | 5806 | 1 |
4.580 | 2183 | 1 |
4.600 | 3047 | 2 |
4.750 | 1500 | 1 |
4.890 | 1000 | 1 |
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