Originally Posted by
NT001
You may well be right Harrie, I'm not predicting that the Aussie dual listing will necessarily help the ATM share price, especially as I have a strong hunch that it will continue to be manipulated at least to some extent by whoever has obviously been working hard to keep it confined within an unnaturally restricted price range recently. What I am saying is that there are players capable of making the SP behave in ways that have little to do with milk prices, at least in the short term. And in the longer term the SP will have more to do with offshore market performance plus new scientific test resu
Incidentally I notice that elsewhere MAC has forecast ATM is a candidate for takeover at its present price. I wouldn't rule this out, except that you have to ask who would want to acquire it, and for what purpose. It's a speculative investment involving a lot of unknowns and requiring a special kind of faith and dedication that is obviously possessed by some of its current holders but not necessarily by others, and I can't see the present owners letting go at anything like recent levels. And I don't see a logical commercial or strategic reason for anyone else wanting to buy it.