With new China rules now better understood, A2M and BAL are recovering its respective losses of last few days. The money that went to CDC appears to be heading back to where it was in the first place and it may take CDC back to its original float SP.
CDC, as I understood, only produces milk from around 40 thousand cows and it may be a while until it finds a partner to take CDC towards new pastures ;-) such as powdered milk, and other specialized milk products.
Based on recent Chinese ventures into Farming in Australia, CDC may be quite quick in developing new relatioships and maybe acquisitions of existing businesses.
It will be an interesting company to watch.
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- Heading to its original float SP
With new China rules now better understood, A2M and BAL are...
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