Result was in line with expectations and outlook wasn't hugely detailed, so yes I think it's mostly the fonterra news driving things. Eases a lot of concerns about supply and opens up new markets and products.
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Will it be in the eyes of overseas companies for takeover? We see this as a huge company, but some overseas investment groups could swallow this up say at $15-$20 per share
I wonder when the takeover is coming... Of Fonterra I meant
Australia almost closed 30% up in one day......... over $12 tomorrow morning in Nz . It baffles me that this company maybe well over $15 by the end of the year if numbers keeps coming
All a little silly now..still i will take it..a modest shareholding which is now worth a reasonable amount :-)
What a day.. wonder where the a2 story will be at, in another few years.
NZs largest company and many kiwis have never heard of it.....yet.