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Why the biggest shareholder in Blackmores is headed to Dubbo

Simon Evans
Simon EvansSenior reporter

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Marcus Blackmore is trying to move on. The 23 per cent shareholder in Australia’s big ASX-listed vitamins company Blackmores is feeling much better about a thawing in what were frosty relations with the board.

But he’s still grumpy about the share price, which is less than half the level of a golden age in late 2015-16 when it soared above $200 on huge demand from Chinese consumers.

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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com

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    Original URL: https://www.afr.com/companies/healthcare-and-fitness/why-the-biggest-shareholder-in-blackmores-is-headed-to-dubbo-20221207-p5c4h5