What a remarkable day and equally remarkable company. I have finished reading the report and what really stood out was the cash on hand. Generated more than $100 million in just six months and as you have predicted is headed to over $300 million by June 2018. Again dividend and buyback was mentioned (just like previous announcements) but this time acquiring and/or joint purchase buying a blended and packing facility is on the cards. The million dollar question is what will A2 do?
At this stage, i would think another production plant should be on hold until we see the outcome of the Fonterra partnership.
What a remarkable day and equally remarkable company. I have...
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Last
$5.90 |
Change
0.250(4.42%) |
Mkt cap ! $4.265B | |||
| Open | High | Low | Value | Volume |
| $5.73 | $5.91 | $5.66 | $17.87M | 3.064M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $5.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.91 | 5850 | 2 |
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| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |