This is all just speculation. Feihe has shot up by 7% or so over the last five days - is Saputo buying that too? If you examine Saputo's record, they seem to be making small bolt on acquisitions. Their margins are low compared to A2M. They seem to run on a different business model ie old school milk vs A2M which is the "Coca Cola" of milk.
takeover thread, page-3
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Last
$7.05 |
Change
0.200(2.92%) |
Mkt cap ! $5.096B | |||
| Open | High | Low | Value | Volume |
| $6.90 | $7.05 | $6.89 | $9.342M | 1.335M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5662 | $7.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.05 | 43467 | 7 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |