Fools also posted this yesterday:
a2 Milk Company Ltd (Australia) (ASX: A2M) shares have dropped 4% to $1.84 after analysts at Citi downgraded the growing milk company to a sell rating. According to a research note out of the investment bank, its analysts are expecting a tough year ahead for sellers of infant formula into the China market. At the current price, I think a2 Milk is starting to look like a great long-term investment option for investors.
CGF's holding increased in the last notice about a week ago:
total number held in class:
67,144,981
total percentage held in class:
9.25
%
(a)
to
CITI says sell, page-3
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Last
$6.96 |
Change
0.080(1.16%) |
Mkt cap ! $4.973B | |||
| Open | High | Low | Value | Volume |
| $6.93 | $6.98 | $6.92 | $2.240M | 322.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 5405 | $6.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.97 | 31651 | 18 |
View Market Depth
| Last trade - 10.36am 15/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |