Yes, but why do that when you can pick them up cheaper on the ASX?
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If we are lucky we might breach the $18 again today
https://www.goodreturns.co.nz/img/rss.gifLATEST HEADLINES
Investors cash in gains to chase value elsewhere
New Zealand shares fell as investors cashed in strong-performing stocks, including Fisher & Paykel Healthcare and A2 Milk, to pursue value in beaten up stocks which may be set for recovery.
Thursday, April 9th, 6:08PM
I haven't gone near the markets in a fortnight after taking some short term trades on A2. Be interesting viewing this week; given how high A2 is flying at the moment ... I wouldn't mind betting the big players indulge in a sell-off this week.
Atm in their sights?
https://www.abc.net.au/news/2019-11-...roved/11707190
Probably highly unlikely seeing what Bellamy's modus operandi was and A2's superior board and management.
The bidder will have to have deep deep pockets as offer price has to be on big multiple especially with A2 COH position.
The Kiwi has dropped around 1c angainst the Ozzie over the weekend. The differential between the 2 exchanges means that NZX should be around $17.71.
Gotta love a falling exchange rate.
Wowza nice break above $18..... go you good thing!
$18.29. A record SP I believe. Great to have some good news in these times.