Synlait has NZ$1.66B market cap, Fonterra $7.15B and A2 $10.5B
Fonterra's attitude was once that A2 milk was nothing more than a passing clever marketing fad.
No more, with the tie up announced last year. Fonterra has a lot to offer ATM/A2M with it's global reach and supply.
In its other supply partner Synlait, A2 has a 17% stake.
Surely A2 have considered a strategic holding in Fonterra as well??
With $287M cash on hand at the end of 2018, I wouldn't be surprised to see some of this invested in Fonterra in the near future.
And just like A2 Milk Infant Formula was a game changer for Synlait, watch A2 milk give a boost to Fonterra.
A2 Fonterra Synlait get together
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Last
$4.84 |
Change
-0.030(0.62%) |
Mkt cap ! $460.2M | |||
| Open | High | Low | Value | Volume |
| $4.88 | $4.88 | $4.83 | $11.03K | 2.278K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 665 | $4.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.88 | 942 | 1 |
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| Last trade - 12.27pm 22/11/2024 (20 minute delay) ? |
| FSF (ASX) Chart |
