Woohooo back in the green thanks to some top up action 3 weeks ago - go baby! Oh and congrats to SeeWeed - the a2 warrior! :t_up:
Printable View
Woohooo back in the green thanks to some top up action 3 weeks ago - go baby! Oh and congrats to SeeWeed - the a2 warrior! :t_up:
Same number of shares etc (no new issues) just a second market for the shares to be traded on. There will likely be a lot more interest (and potentially higher SP) due to the popularity of the product in Australia. A smart move which will probably push the SP higher IMHO positioning them well regarding any future capital raisings (which they are unlikely to need as they are already profitable and growing more profitable every day, just taking the Australian market).
Great news, and it is nice to be back in the black with price rise today.
38%?!! In 4 months??!! Man, that is huge. That free advertising from the competition really worked then! So growth rate yoy is looking pretty damn hot then...
Great report, thanks MAC.
EDIT: Actually the 38% is yoy growth, as specified in the release today. 38% growth is much less than shabby still. With the UK coming online in a big way from now onwards, can't see any reason to sell, see big reasons to buy still at this price. In fact, long may the big seller continue to push the price down in the medium term, I will be looking to add more pre Australian listing.
Same ol seller tipping in 50k a time to dampen the mood?
Good time to buy until ASX listing happens is my feeling. How about everyone else?
Mind you, the big seller could come in at any time and dump us back down to 60c by taking out all the orders at the end of the day... A few eyes will be watching I suspect.
Might pick up a bottle of a2 this week. Wont be long before it's time for iced coffees again:)
I’m sticking with the fundamental view I already had retained Blobbles, to keep my shares in the bottom draw and see through the 2016 strategic plan. I’ve held for two years, and really can’t see myself selling anytime within the next couple.
With three international markets coming on stream (UK, China, US), all funded from revenues, with premium milk market price points and margins, there is good foreseeable growth ahead for a few years yet.
What I do like is the prospect of the new seemingly supplementary product markets, infant formula into Australia, fresh milk into china, perhaps further products into China like UHT, acting as a buffer to maintain revenue growth continuation until the UK market becomes profitable at FY16, perhaps the US market a year or two beyond that.
And, beyond that there is a real possibility that more extensive human trials may just push it all along with a gust of wind, certainly there was no hesitancy in speculation about the outcome of those trails today.