What a wonderful company. Bought in at $1 and $2 and sold most at $10 and then $17 at the start of Covid then bought back in around $6 a couple of weeks ago.
Just over $4B market value for that China presence, the cash at bank, the bridgehead in the US, the Australian brand and market, the producer contracts, the NZ and Australian hard assets and those A2 PATENTS if things get nasty. A large predator could basically buy the asset and be earnings positive from the get go. I suspect Nestle can scarcely believe they can pick up the lot for around $US6m or $10-$12 dollars per share.
I hope the shorts get absolutely slaughtered and if so I for one will be dancing and drinking a toast of a very nice Cabernet to their well-deserved demise. Not to mention a certain cretinous and repetitive negative poster on these threads.
Takeover Speculation, page-119
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$6.36 |
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Mkt cap ! $4.604B | |||
| Open | High | Low | Value | Volume |
| $6.33 | $6.40 | $6.28 | $13.73M | 2.165M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7023 | $6.35 |
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| Price($) | Vol. | No. |
|---|---|---|
| $6.36 | 11699 | 2 |
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