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
$6.56 |
Change
0.080(1.23%) |
Mkt cap ! $4.742B | |||
| Open | High | Low | Value | Volume |
| $6.46 | $6.57 | $6.45 | $9.696M | 1.489M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9840 | $6.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.57 | 25983 | 6 |
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| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| A2M (ASX) Chart |