Will hold until the next result, depending on how well it runs leading up to it.
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Last year's update was around 15 June. This long term patient holder is being very patient at the moment.
The next 1 to 2 yrs are looking very exciting. Golly there's the Court case, new products, doubling of infant formula production, enhanced production facilities in Auck, smart investment in SML, new markets (Europe now mentioned) and more research to come, even talk of profits and dividends. Already a 5 bagger for me, and my tummy benefits every day as I drink A2 milk! :t_up:
Over in Hot Copper some interesting claims being made, quoting the latest from Prof Keith Woodward.......
"The a2 Platinum formula was moving into the number one position in Australia, with a 30 per cent market share. Most of the remaining product was exported to China.
"A2 is on a roll. I'm working on the issue all around the world and I can tell you, it's going to hurt [New Zealand's dairy industry," he said.
"We've got an opportunity - and it can still be an opportunity and not a risk - but New Zealand has to get on the road to converting its herds to A2."
"We are becoming a serious threat to the Dairy Industry Woodford warns. Growing international demand for A2 ...It's crazy NZ farmers aren't changing their cows to a2 as soon as possible."
Fonterra run the milking industry in NZ and therein lies the problem. I recall that that the head Honcho stated that the A2 protein was aa passing fad, or words to that affect.
Bought some more at opening this morning.
Bollinger Bands squeezing together, are we due for another run up? All will be revealed. Shame about the current exchange rate working against holders on the NZX.
Heres the full article by the Prof who's been a strong advocate for A2 so bear that in mind.
Growing demand for A2 milk a serious threat to dairy industry ...