Good move for BOTH ATM and SML IMO
SML announcement
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Good move for BOTH ATM and SML IMO
SML announcement
Sml announcement has nothing to do with ATM. In fact..the move de~risk SML dependent with Infant formula business.
Price action still not clear in my view - looks strong above $8.00 but then peels off sharply - and several times now. My sense would be the next big move will be down, given where it's come from. If so, should be a great buying opportunity - somewhere.
You answer your own question, however.....
1.) ATM's investment in SML will benefit
2.) SML's new partnership with strong retailers could strengthen ATM's patchy NZ distribution and marketing and offers an alternative to Fresha Valley
3.) SML's product development and research emphasis could offer much needed product extensions to ATM
am I seeing those asking prices correct for the share on the ASX