As I have posted on the Synlait thread, Synlaits ongoing survival rests solely in A2's hands
They havent yet decided to agree to the Bright Loan. If they don't agree, with their 32.52% of the vote they are in a very good position to sway the vote, then Synlait is facing ceasing trading and liquidation.
So what price are A2 extracting for their Support. Especially as they are in arbitration with Synlait. And John Penno (another synlait shareholder - assuming he has kept his shares) has said very nasty things about A2's CEO.
No matter how this is dressed small shareholders in Synlait are totally screwed.
Synlait, page-94
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Last
$6.77 |
Change
-0.040(0.59%) |
Mkt cap ! $4.962B | |||
| Open | High | Low | Value | Volume |
| $6.80 | $6.92 | $6.75 | $5.455M | 800.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 6938 | $6.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.78 | 17281 | 16 |
View Market Depth
| Last trade - 12.59pm 10/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |