A2M 1.96% $6.77 the a2 milk company limited

What a crazy article ! Why would farmers sell milk to WCB at...

  1. 300 Posts.
    lightbulb Created with Sketch. 4
    What a crazy article ! Why would farmers sell milk to WCB at $5.60 when they can get $6.00 from Murray - Goulburn ? Mr Saputo may have big plans but with out milk to run through the factory - WCB are not a player in the business. If Mr Saputo is fair dinkum WCB should be offering $6.50 to farmers.

    The first thing Mr Saputo should do is buy out the minorities of WCB, that would improve WCB no end!

    So far as A2M is concerned it is a milk processor / marketer not a mining exploration company . The cost to produce milk is known as is the price consumers will pay for milk even a premium brand A2Milk .

    FF are in the box seat the largest shareholder with 20%, that gives them a blocking stake or the ability to increase the numbers directors representing their interests. The major shareholders of FF are very astute business people. Forget the Chinese they are a distraction, if they really wanted to buy a dairy company 'they would run the ruler' over Bega or one of the small independents already large producers of 'baby milk products and the like.
 
watchlist Created with Sketch. Add A2M (ASX) to my watchlist
(20min delay)
Last
$6.77
Change
0.130(1.96%)
Mkt cap ! $4.894B
Open High Low Value Volume
$6.63 $6.77 $6.63 $10.00M 1.485M

Buyers (Bids)

No. Vol. Price($)
1 2420 $6.76
 

Sellers (Offers)

Price($) Vol. No.
$6.77 37726 4
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
A2M (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.