A2 Milk may have a better day

(Image: Getty)

Mon, 03 Oct 2022

A2 Milk may fare better on the stock market today after renewing its import and distribution arrangements with China State Farm Agribusiness Holding Shanghai Co (CSFA) for a term of five years from Oct 1. The company's shares fell 0.7% to $6.12 on Friday and have shed 7.3% over the past 12 months. That's well off the 2020 peak of $21.50 as the company struggled when the covid-19 pandemic caused massive disruption to the daigou or reseller channel.Peter McIntyre, an investment adviser at Craigs Investment Partners, said investors we...

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