There is a lot going on here. When new Zealand signed a FTA, its exports of milk powder went up by 17 times. Fonterra is the biggest company in new Zealand.
Gina Rinehart's entry to the infant formula business has certainly gained some attention. And a story in Barrons today points to big gains in volume.
But I think the most interesting aspect is that the company has done its homework and got the Chinese on board from day one. They seem to have connections with the right people. So far I'm very impressed with the management. They have capitalised on their listing very shrewdly, and have secured 'free' finance via the option issue.
The way in which they have discouraged people from buying to get the entitlement and then selling is just brilliant.
There is a lot going on here. When new Zealand signed a FTA, its...
Add AHF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.83M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.5¢ | 2.4¢ | $40.74K | 1.683M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1400794 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 2077576 | 5 |
View Market Depth
| Last trade - 14.09pm 15/11/2024 (20 minute delay) ? |
| AHF (ASX) Chart |