Bureaucratic slowness in progress but sooner or later it will get approved by my understanding. Let's just be patient folks. Disc: holding
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FYI
A2's sales push for its Platinum brand infant formula in China was thwarted this year by changes to Chinese registration rules. New Zealand New Milk, which has been packing the product for A2, did achieve registration in July but sales of A2's products won't ramp up until its main partner, Synlait Milk, gains registration, which Babidge hopes will be in September."We're very much joined at the hip with Synlait," he said. That relationship "provides more certainty and longevity going forward." A2 has made only two small shipments to China of A2 Platinum, the last in April. Once Synlait gains registration shipments would start in earnest, likely in the first half of the current year.
I see that the fund manager Mr Mair has a shareholding in has bought some more Skellerup shares
Wonder if the fund buys any other shares than ATM air SKL
Easy to check out Forte Fund Management website. David Mair is a major player as part owner, non-executive director and adviser to Forte. Also easy to invest, as minimum investment is a mere $250,000.
Indeed, he wouldn’t probably know the exact timing or determine the degree of investment, but in all probability through his association, his mates at Forte will ask a quite few questions over a beer from time to time, and of course David Mair will always say I can only tell you everything that’s in the public domain already, but if I was you I might consider …………...
On the other hand MAC it could be just a bit of wistful thinking. There is obviously a lot of investors either not buying the story or highly impatient. Latest 0.59 about half the quantity of buyers as there are sellers, albeit at different prices. Another order in at $0.58
The depth is looking a bit sick today for sellers, and they are making it worse by putting more on at 60c. Good for buyers though. Is this what you call a buyers market? It certainly is'nt for sellers unless you bought at 10 or 20c. But at the end of the day, the sun goes down. Tomorrow is another day we worried about yesterday.:)