:t_up: :t_up::p
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SP rising on speculation of a takeover..... this extract from the Australian.
Suitors weigh options as A2 Milk prepares to report earnings
It may not just be investors looking on at A2 Milk’s annual results on August 26 – suitors may be paying careful attention as well.
There has been talk out of Europe that Swiss multinational Nestle has been keeping a close eye on the company, but most think a suitor will only move after A2 reports its annual results.
A2 has a market value of about $4.35bn.
Looks like bit of a short squeeze driving the price. Will be really surprised if it can hold these levels into the afternoon, but let's see!
well..it is all depends on how u draw the chart...hahahha