A2 management have always been very good at keeping information close to their chest. They probably received a takeover offer yesterday afternoon or early this morning. Doubt anything has leaked
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A2 management have always been very good at keeping information close to their chest. They probably received a takeover offer yesterday afternoon or early this morning. Doubt anything has leaked
Wish all the Holders the very best .
DISC: we were waiting for all the silly china stuff to blow over before buying in again. Aus ministers were making waves about china needing to learn about how to trade with the world.
For all those people new to share investing, the number of times you will get hit like this with trading halts and take overs are good practise for your stomach....
Im sure this time its good news for your value holdings. We hope...
Freedom Foods look like they were considering divesting their losing cereal & snacks divisions and doing a capital raise. This leaves their dairy division primarily.
ATM takeover of FF Dairy ? FF do A2 Protein milk also...
its a futures adjustment day so all asx stocks will show funny quotes before the open
ASX announcement says it's around guidance. Must be a shocker.
For reference the last time trading was halted was for a capital raise in 2015. I went back and checked
needless to say the company has had huge changes over the past 5 years so one would think the need for a trading halt now must be quite an elephant.