close
MENU
1 mins to read

Shorts ‘burned’ on A2 Milk

Strong result and Fonterra deal surprise short sellers, sources say.

Tim Hunter
Fri, 23 Feb 2018

Frantic buying by short sellers helped fuel the huge leap in the share price of A2 Milk [NZX:ATM] after its announcement of healthy profit and a tie-up with Fonterra, sources say.

A2 shares jumped from $9.29 at Tuesday’s close to 12.90 on Thursday, a 39% gain that added $2.6 billion to the milk

Want to read more? It's easy.

Choose your subscription

Already have an account? Login

Smartphone Only Subscription

NZ$29.95 / monthly

Monthly Premium Online Subscription

NZ$49.95 / monthly

Smartphone Only Annual Subscription

NZ$299.00 / yearly

Yearly Premium Online Subscription

NZ$499.00 / yearly

Premium Group Membership 10 Users

NZ$385+GST / monthly

$38.5 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$660+GST / monthly

$33 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1375+GST / monthly

$27.5 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$2100+GST / monthly

$21 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$999.00 / yearly

Individual
Group membership
NBR Marketplace

Student

Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499).
Tim Hunter
Fri, 23 Feb 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

Free News Alerts

Sign up to get the latest stories and insights delivered to your inbox – free, every day.

I’m already subscribed/joined

Free News Alerts

Sign up to get the latest stories and insights delivered to your inbox – free, every day.

I’m already subscribed/joined
Shorts ‘burned’ on A2 Milk
73579
true