Beingmate shares plunge 10% within minutes of trading again
The question remains whether Fonterra will write down its $750 million investment.
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Hawke’s Bay
Shares in Chinese infant formula company Beingmate Baby & Child Food came out of a trading halt today but were immediately halted again when the stock plunged 10% shortly after the opening bell.
Investors punished the company, which counts Fonterra as an 18.8% shareholder, after it announced a
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Duncan Bridgeman
Tue, 05 Sep 2017
Tue, 05 Sep 2017
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Beingmate shares plunge 10% within minutes of trading again
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