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

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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