Who said they're going to sell. They simply said they're retaining the option to sell medium term.... like most of us.
Printable View
Hey kid’s, there’s a new TV ad, just like being back at school,
https://www.youtube.com/watch?v=I_NzDrBGN50
If anybody wants to see what Freedom have on the drawing board an updated preso. Thy seem quite happy with A2. And they seem to have little capital gains tax liability if they ever sell A2
http://stocknessmonster.com/news-ite...E=ASX&N=815319
When they sold down 40 million shares a year or so ago they got A$15.4 million, recording a pre tax profit of A$11.8m
So essentially free carry for them eh.
Been a good investment, whether that clouds their judgement about the future use of this $70m asset is anybody's guess
Chairman Cliff Cook says: "The Company today is stronger and better
positioned than at any time previously. Our conservative balance sheet
provides a secure basis for our current growth plans in international
markets."
My current low risk low growth value for ATM now stands at around 74c. Needless to say a higher growth outlook, picking up decent sales in the US and China is somewhat better. Not sure why anyone would be selling at these levels, I am in buy mode... then again I am investing for 1 year or two (or more) out, not short term gains... if the Synalit announcement comes through this month it should have a decent impact short term.
Pure speculation, no links or whatever
ATM Reinvigorating interest in ASX listing .....pump up the interest from Aussie investors who are much less risk adverse (ok they like believing stories) ......what an opportunity for Freedom to sell down or out .....could even dress it as something really special to the instos if ready market of retail nave stores wanting a piece of the action.
That the plan?
Be good, very good, for you guys
Here's Keith Woodford's latest message to the mainstream dairy industry suggesting why it needs to start taking notice of where the science on A1/A2 has been leading.
http://keithwoodford.wordpress.com/2...nce/#more-1119