The big news today is that a Chinese company has lobbed a lucrative takeover bid at Bellamy’s. We look at the implications that the Bellamy’s takeover has for other ASX-listed infant formula companies...
At time of writing, the share price of A2 Milk Company Limited [ASX:A2M] is taking a big hit. It’s currently down 11.25%, trading at $14.20. After some negative momentum over the last two and half weeks and a brief surge, the A2 Milk share price has resumed this trend today with a large fall.
At time of writing, the share price of Bubs Australia Ltd [ASX:BUB] is up a significant 6.69%, trading at $1.435. After languishing for a sustained period, the Bubs share price began its take-off in February...
The A2M Milk Company Limited [ASX:A2M] share price climbed 8% yesterday thanks in large part to an upgraded buy rating. At time of writing, the stock is valued at $15.77.
The share price of A2 Milk Company Ltd [ASX:A2M] rose 8% today, following an upgraded rating by UBS Wealth Management. They set a price target of $16.68.
The Phoslock Environmental Technologies Ltd [ASX:PET] share price spiked hard at the end of May after the company announced an initial order of approximately $1 million worth of Phoslock products to treat a heavily polluted lake in South West China.
Bubs Australia Ltd [ASX:BUB] is today the beneficiary of positive investor sentiment after the announcement of a strategic channel partnership between Bubs and Kidswant, a prominent baby retail chain in China.
New Zealand based dairy and infant formula producer The A2 Milk Company Ltd [ASX:A2M] has seen its share price slump 2.91% this morning, shedding $0.46 to trade at $15.49. A2 milk's share price has made hefty gains since the beginning of the second half of the current financial year.
The major infant food and formula producers on the ASX have fallen again this week, with a2 Milk Company share price, as well as Bellamy’s Australia and Clover Corporation all facing increased market pressure.
Shares of A2 Milk Company Ltd [ASX:A2M] have been steadily climbing higher over the last month, upon recent news the company had established two new senior roles. A2 Milk have announced the roles of Chief Commercial Officer and Chief Technical Officer, aimed at improving strategic and technical capabilities. A2 Milk’s share price is currently trading at $11.78.