The Motley Fool has this explanation.
Why are a2 Milk’s shares on the decline again? Today’s decline appears to be related to a broker note out of Hong Kong investment bank CLSA. According to the note, the broker has downgraded the company’s shares to a sell rating on the back of concerns over daigou pricing.
Price of A2M, 1/6/2018
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 (20min delay)
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Last
$5.91 |
Change
-0.060(1.01%) |
Mkt cap ! $4.272B | |||
| Open | High | Low | Value | Volume |
| $5.96 | $6.00 | $5.87 | $12.81M | 2.163M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15999 | $5.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.92 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$5.90 |
Change
-0.060 ( 1.21 %) |
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| Open | High | Low | Volume | ||
| $5.97 | $5.99 | $5.87 | 724057 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| A2M (ASX) Chart |