Well, if Synlait do a capital raise, A2M would need to participate in order to maintain its 19.9% holding.
Not sure what the cost would be to counteract the dilution, but it doesn't seem like it would be a very large amount - given how trashed the SML share price is already.
Ann: 1H24 Results Call Notification, page-39
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Last
$6.82 |
Change
0.010(0.15%) |
Mkt cap ! $4.930B | |||
| Open | High | Low | Value | Volume |
| $6.80 | $6.92 | $6.75 | $12.34M | 1.813M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3893 | $6.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.83 | 17044 | 5 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |