Ann: Confirmation of trading performance, page-48

http://www.********.au/2016/12/21/w...td-australia-share-price-is-going-nuts-today/

Why the a2 Milk Company Ltd (Australia) share price is going nuts today

"But investors can put all of these concerns to bed now, with management confirming that business is still booming since its last update. Today’s release states that:
“The Company notes the higher level of recent commentary and interest from shareholders relating to the infant formula market. In this context, the Company wishes to confirm that, consistent with the trends communicated at the Annual Meeting, the business continues to trade very strongly reflecting, in particular, significant year-on-year growth in its infant formula business.”
Unsurprisingly a2 Milk’s share price rocketed on the news. At one stage its shares were up by almost 10% to $2.14. They have since given back some gains and at the time of writing sit 6% higher at $2.07.

Despite this its shares are still trading almost 20% lower than a recent 52-week high and at a price which I think is great value for buy and hold investors."