Also another point to consider is that fully franked dividend stocks in OZ. NZ won't recognize them. So it is double tax on those div.
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Great outcome for ATM after postponed March index
Really good achievement. This should give a lot of kiwis faith that we can execute on the global stage. ATM, XERO, ZURU, hopefully there are some more to come!
https://www.stuff.co.nz/business/far...-nz-reputation
This is a concern
You're right - the premier 'NZ brand' is critical and needs to be protected.
Which is why the odd mainland start-up which has copied the sale of A2 milk product is not really a major threat to ATM's growing business there. They don't trust their domestic milk producers, after the melamine baby-formula scandal in 2008 (and others), so only foreign brands are considered 'premium'.
Reputation is everything...
Interesting article in AFN today commenting on 'surging' ATM overtaking AMP in the ASX50 index.
Read the article here;
Includes further useful background on how/why ATM's 'capital light' stance may change through further investment in plant.
Is there a scheduled market update any time soon?