Business
Is the A2 Milk (ASX:A2M) share price a buy?
Could the A2 Milk Company Ltd (ASX: A2M) share price be a buy right now? It has fallen to a 52-week low of around $10.
What’s going on?
The market continues to punish A2 Milk as it suffers with lower demand for its products.
It’s experiencing issues relating to infant formula demand. In August there was the flow-on effect of pantry de-stocking continuing into FY21 after the strong sales lift in the third quarter of FY21 and lower than anticipated sales to retail daigous in Australia, primarily due to reduced tourism from China and international student numbers.
In September it said that it had started to see additional disruption to the corporate daigou and reseller channel, particularly because of the prolonged stage 4…
-
Noosa News20 hours agoWoman was watching keepers work when lion attacked, Darling Downs Zoo says
-
Noosa News19 hours agoWorking for someone else made it hard to care for my daughter. So I quit
-
General23 hours agoDeveloper warns wind energy capacity may not be ready by WA coal deadline
-
Noosa News22 hours agoStar Entertainment faces $36.5m blow if Queen’s Wharf deal flops