Why this broker thinks the A2 Milk (ASX:A2M) share price has further to fall

The A2 Milk Company Ltd (ASX: A2M) share price is out of form again on Monday.

In afternoon trade, the embattled infant formula company’s shares are down 2% to $5.91.

This means A2 Milk’s shares are now down over 49% since the start of the year.

Has…