A major shareholder, who has just topped up his stake in A2 Milk, says the shares are undervalued. With special feature audio.
Investors took a dim view of A2 Milk’s results, even though the company beat its own frequently upgraded guidance. With special feature audio.
"A whole wack of ASX listed small & mid-cap shares are getting the hammer put to them this reporting season. My theory is that funds which don't normally invest in the smaller end of town have been investing in these companies for the past few quarters and we are now witnessing a sudden outflow as they realign back to the large caps on the ASX as it enters a bull run."