Synlait bonds just hit 75%
Might explain this morning's continued decline in the SM1 share price ..... surely A2M management are all over this and have a plan ? A CR for Synlait at these prices would prove highly dilutional to all holders including A2M ...... let's hope they come to a solution that assists all parties involved.
Just a thought - could A2M offer their 20% holding in SM1 back to the company as a part payment for Dunsandel site along with a cash component ?
I am sure there are multiple ideas / scenarios being discussed .... GLTAH
Supply Side for A2M secured or not ?, page-15
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Last
$6.77 |
Change
0.130(1.96%) |
Mkt cap ! $4.894B | |||
| Open | High | Low | Value | Volume |
| $6.63 | $6.77 | $6.63 | $10.00M | 1.485M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2420 | $6.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.77 | 37726 | 4 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| A2M (ASX) Chart |