A2 shares slump 11% as investors call time on stellar run

Paul McBeth
Wed, 01 Nov 2017

By Paul McBeth Nov. 1 (BusinessDesk) - A2 Milk Co shares slumped 11 percent as investors cashed in on a stellar run in the stock which had been up more than 300 percent this year.  The shares dropped 92 cents to $7.75 as at 2.15pm having peaked with a record close $8.75 on Oct. 30. A2 and its supplier Synlait Milk have been a breaking new ground since getting Chinese registration for their brands in September, and A2, in particular, has been a favourite among Australian investors for having managed to navigate through the Chinese market i...
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Brian Gaynor | Sat, 11 Jul 2020

The negative market reaction to Rio Tinto’s announcement that it was winding down the Tiwai Point aluminium smelter was overdone, particularly for investors with long-term perspectives. The smelter...

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New Zealand shares fell as energy stocks declined for a second day following the announcement Rio Tinto’s New Zealand aluminium smelter will close. Chorus led the market lower on the risk of more r...

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Metlifecare said it has entered into a new scheme of arrangement with Swedish company EQT to buy all its shares for $6 each, a dollar less than the earlier deal EQT had repudiated, but only four of th...

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