No. MVM was on the boil for ages
Share market is valuing the whole of Synlait at around Nz$148m. I think the analysts are overly optimistic.
Sure they have a pile of new stainless steel and an even newer expensive to run electricity boiler. But they are losing supply farmers. And they are in turmoil with their one and only Dunsandle customer.
Plus I think they are over inflated - what did Pokeno cost $150m and another $50m or so for canning? Lets for arguments sake round it to $300m. How is Dunsandle worth more than twice?
Media Updates, page-14247
Add A2M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.94 |
Change
-0.165(2.32%) |
Mkt cap ! $5.013B | |||
| Open | High | Low | Value | Volume |
| $7.10 | $7.15 | $6.92 | $3.681M | 525.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 223 | $6.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.94 | 10985 | 17 |
View Market Depth
| Last trade - 14.28pm 14/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$6.92 |
Change
-0.165 ( 3.05 %) |
||||
| Open | High | Low | Volume | ||
| $7.09 | $7.11 | $6.91 | 233287 | ||
| Last updated 14.45pm 14/06/2024 ? | |||||
| A2M (ASX) Chart |