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
$6.48 |
Change
-0.110(1.67%) |
Mkt cap ! $4.684B | |||
| Open | High | Low | Value | Volume |
| $6.59 | $6.64 | $6.41 | $25.96M | 4.015M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 103592 | $6.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.48 | 48180 | 4 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| A2M (ASX) Chart |