SM1 1.89% 27.0¢ synlait milk limited

Ann: Market update deleveraging plan, bank covenants, guidance, page-81

  1. 4,131 Posts.
    lightbulb Created with Sketch. 1803
    What's going on with the SP? I understand the sell sentiment but these are heavy drops on no new development.

    Is the SP just headed towards the levels anticipated AFTER the dilution that comes from equity raising?
 
watchlist Created with Sketch. Add SM1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.