SM1 6.33% 37.0¢ synlait milk limited

Its a NZD$200m Capital Raise, page-9

  1. 456 Posts.
    lightbulb Created with Sketch. 469
    Recent uptick pre-HALT was good opportunity to exit.

    Even after Bright and A2M taking their mandated % in the issue, it is big volume of new stock they are issuing to already oversupplied market. We will soon see SP tracking below $4.70, and may head towards $4.30 level.

    https://hotcopper.com.au/data/attachments/2638/2638186-35e19e914f1f90821d077fd590788001.jpg

 
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Last
37.0¢
Change
-0.025(6.33%)
Mkt cap ! $80.87M
Open High Low Value Volume
39.5¢ 39.5¢ 36.5¢ $58.39K 154.3K

Buyers (Bids)

No. Vol. Price($)
1 2780 36.0¢
 

Sellers (Offers)

Price($) Vol. No.
37.5¢ 2550 1
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Last trade - 15.55pm 23/08/2024 (20 minute delay) ?
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