People might be concerned with revenue growth but that was explained in the presentation including additional inventories for FY19 sales. I think the market often gets announcements wrong for Synlait then comes around. Expect back up to previous prices this week.
Profit huge swing up. PE reduced. Continued profit growth expected. Nothing bad imo.
Lovely result, page-20
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33.5¢ |
Change
0.060(21.8%) |
Mkt cap ! $73.22M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 35.0¢ | 29.5¢ | $240.6K | 730.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 34.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 372 | 1 |
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