SM1 7.27% 29.5¢ synlait milk limited

Ann: Updated Synlait FY18 Annual Results Report, page-24

  1. 8,835 Posts.
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    Guilty by association unfortunately.
    A2M is SM1 biggest customer and as far as I can tell the only IF that SM1 makes that has Chinese approval atm.
    Hence if the A2M CEO sold because of bad , inside information on sales then obviously this will effect SM1 , even though they have contracts in place.
    Hopefully it is exactly as the announcement states , she needed funds , time will tell.
 
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