I put in a bid 72c at 4.55pm and they sold them to me for 71c at 5pm:)
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I put in a bid 72c at 4.55pm and they sold them to me for 71c at 5pm:)
guys, I don't quite understand, freedom foods has a MC of 560mil, and with ATM at nearly 500mil? They would do a full takeover at like 80 or 90 cents plus? Does not quite make sense... At 80 or 90 cents, ATM would be valued more than freedom, ATM should just do a takeover for freedom foods? lol
Which therefore, leaves only dean foods in the picture?
Baller - Remember they already own 20%, and the Periches another 20% (linked but not directly relevant to t/o) - there's 200 mil, Dean's isn't quite in the best financial position or as big as I originally thought when they were named - initially I though it would be cheap as chips for them and they would have the cash. Turns out it's not the case. Dean's on board would be good with their distribution chain. However another company coming in for an offer would be the best we can hope for. SP is saying this is unlikely to happen, which I'm suprised about, I thought it would be 90-100 cents - but I'd say some people either know more than me and think/know there isn't going to be an offer. And it sounds like the financials of Dean's would make a takeover a stretch. So that leaves another swooping in - but who would be interested? I'm not sure... A2m isn't exactly your traditional dairy company.
Are you sure? I think they own just under 20% between them. Freedom has about 19% and the Perich family own 60% of Freedom and thus control it. If either or both-combined exceed 20% of ATM they HAVE to make a takeover bid. As far as I'm aware, the Perich family's Arrovest has just a small stake on its own, which it had to declare because of its close relationship with Freedom. Or have I missed something?
Yeh sorry NT I'm mistaken and taLking smack.
Are you serious. Surely that's a joke, and if the moderator is trying to be funny, its not actually very amusing. Sorry but I do not see the joke in that.
I accept that personal abuse, bad language and stupidity should be moderated against, but that should never be extended to robust lively debate on different points of view backed by a logical interpretation of fact or opinion. Usually posters moderate each other.The line is pretty clear in my view.
Not sure what MAC and Balance were saying. Pretty sure it could not have been that bad to warrant a significant ban. Does anyone know how long this ban was for. Maybe Mr mod can help me out here?
Come on in KW i know you are there:). A large number of "guests" tonite, lots looking at ATM for one. Come on sign on and share your thoughts.;)