Business
Should you buy the A2 Milk Company Ltd (ASX: A2M) share price dip? – Motley Fool Australia
Could the A2 Milk Company Ltd (ASX: A2M) share price be a bargain buy after its 15% sell off in September?
The A2 Milk Company Ltd(ASX: A2M) share price has slumped more than 15% since the release of its FY21 outlook and more than 25% since highs back in July. Is the recent share price slump an opportunity to buy the market darling for cheap, or should more caution be exercised?
FY21 outlook
The updated FY21 outlook unravelled a number of factors slowing the growth of the infant formula giant. The company first noted the flow-on effect of pantry destocking continuing into FY21 following a strong …
-
General20 hours agoCampers evacuated, residents on alert as Moreton Island bushfire intensifies
-
General18 hours agoHundreds attend justice march for Kaiden Morgan-Johnston in Morwell
-
Noosa News18 hours agoHow Roosters star Eliza Lopamaua found her way to NRLW
-
Noosa News19 hours agoAlleged Gold Coast conman exposed: elderly woman’s life savings vanish in shocking scam