More than $10 billion has been wiped off the value of a2 Milk since the company unveiled a series of earnings downgrades over 2020 and 2021.
What was behind its dramatic fall from grace?
And now that the former higher flier appears to be on more modest trajectory, should the company still be considered a “growth” stock?
More to the point, now that a2 Milk will soon be joining the manufacturing ranks, isn’t it time it started paying a dividend?
To read the rest of the story, please go to: New Zealand Herald
