Don't count it out yet, Aussies tend to push the price lower after we close....let's see.
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Nice to see a bit of support for Jayne from snoopy,however she has still come from a dog of a company,where it seems that the bottom line is the only thing that matters,this might work short term for ATM,but a young growing company it needs to forge relationships and partnerships.
It comes down to trust,if I was a CEO of a company looking to trade with ATM I would have certain misgivings with having to deal with such a CEO.
Having said that I have just bought back in!
From Milfords monthly update for their Active Growth fund:
During the month, we reduced our holding in a2 Milk following increased regulatory uncertainty and the sale of shares by the company’s new CEO.
Which country?
She is American in up bringing and American and Australian in experience.
The English don't want her. Even she has said the UK operations are a mess.
Will the Queen make her a Damsel-in-Distress?
Do we want her?
She will move HQ to Aus (like KTD did this week) and its just a question of time before she de-lists ATM from the NZX onto the ASX as the only listing.
Weekend viewing ....compulsory for minimoke
https://m.youtube.com/watch?v=UwtjpsACvM0
I sold a few at 10.40 it just kept going down and I felt a bad taste in my mouth. Just felt the time was right to rebalance. Then due to my powerful purchasing power the share I purchased went down and A2 went up........ go figure!