ATM-A2 MILK

[Minimoke]

Hope it's not heaps more stainless steel ....marketing is their game

Locally Pokeno is for sale. And Dairworks remains on the market.

[Minimoke]

Be funny if they bought Synlait ...
But no way

No movement on SML's SP. So we can conclude its nothing to do with them.

[bulltrap]

No movement on SML's SP. So we can conclude its nothing to do with them.

BUB.ASX is also up today on solid volume. Coincidence? No announcement there, but also no trading halt.

Motley Fool links both of these to China stimulus measures, but if so IMO it's a big overreaction by the market. And it also doesn't meld with A2's comment on some potential acquisition by them.

[KW]

BUB.ASX is also up today on solid volume. Coincidence? No announcement there, but also no trading halt.

Motley Fool links both of these to China stimulus measures, but if so IMO it's a big overreaction by the market. And it also doesn't meld with A2's comment on some potential acquisition by them.

Both stocks saw substantial and unususal volume in the last hour of trading last night, and first thing this morning.  It could be related to the Chinese stimulus measures, and perhaps A2 has misinterpreted that as a leak of whatever it is they have in the works?

BUB is currently valued at $112M, (just a smidge over 1 x their FY25 revenue of $100M) so even if A2 did pick them up it would hardly be a material acquisition for A2.  

[bulltrap]

BUB is currently valued at $112M, (just a smidge over 1 x their FY25 revenue of $100M) so even if A2 did pick them up it would hardly be a material acquisition for A2. 

Just throwing it out there, and I agree it doesn't add up - if A2 was planning to acquire Bubs and it leaked, you'd expect Bubs to be soaring and A2 more muted, yet both are trading up 10-15%.

Another theory floating around is A2 acquisition of Fonterra brands. One point in favour of Bubs is that A2 could afford a cash purchase. Fonterra brands were expected to fetch a few $B, which would be a stretch for A2.

[KW]

Just throwing it out there, and I agree it doesn't add up - if A2 was planning to acquire Bubs and it leaked, you'd expect Bubs to be soaring and A2 more muted, yet both are trading up 10-15%.

Another theory floating around is A2 acquisition of Fonterra brands. One point in favour of Bubs is that A2 could afford a cash purchase. Fonterra brands were expected to fetch a few $B, which would be a stretch for A2.

Another possibility is Reckitt is looking to offload Mead Johnson, which has been a bit of a disaster for them.  Although I dont know that anyone would want to buy them with the lawsuits hanging over it (IF being held responsible for the death of premature babies).

[Minimoke]

well that was a bit of a fizzer. A2 in early stage discussions to buy a manufacturing facility.

[KW]

well that was a bit of a fizzer. A2 in early stage discussions to buy a manufacturing facility.

maybe they should try making the one they've got profitable first?

[winner (n)]

maybe they should try making the one they've got profitable first?

Agree ...but will it ever be that profitable?

Marketers don't make good production people