Some recovery may be exactly that in line with their statement;
"The rebuild of Synlait’s infant base powder business, as newdemand emerges from large Chinese manufacturers as their marketshare growth exceeds their own manufacturing capacity"
One maybe could say their conservative talk is more around a repositioning of the company due to a tempered outlook on A2M products and an increase in other revenue streams and customers which will take time to develop, new Chinese customers and the new large multinational which won't be on stream until next year.
Media Updates, page-10284
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Last
$6.85 |
Change
-0.060(0.87%) |
Mkt cap ! $4.952B | |||
| Open | High | Low | Value | Volume |
| $6.83 | $6.87 | $6.78 | $8.532M | 1.250M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2151 | $6.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.85 | 27162 | 5 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |