Nice one, should push thro' $8 mark in next few days...
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Nearly all Synlaits exports go through Lyttelton and with the port at a standstill for the next couple of weeks, could be some short term pain
Hope so for investors sake. Its been a frustrating five months since this was at that level in mid October basically in lock step with ATM at the same price and yet since that time ATM has put on another $6. Weird how the SP's rose in very close correlation for six months in early / mid 2017 and then this major divergence.
Wouldn't it be fascinating to know the commercial terms of the supply arrangements to ATM. I guessing its a multi year fixed margin contract based on wholesale value of raw A2 milk and ATM have been able to achieve serious consumer pricing power based on the scarcity of their product in the market.
is there anything to support the idea of $10?