Well, if Synlait do a capital raise, A2M would need to participate in order to maintain its 19.9% holding.
Not sure what the cost would be to counteract the dilution, but it doesn't seem like it would be a very large amount - given how trashed the SML share price is already.
Ann: 1H24 Results Call Notification, page-39
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$6.99 |
Change
-0.120(1.69%) |
Mkt cap ! $5.053B | |||
| Open | High | Low | Value | Volume |
| $7.00 | $7.07 | $6.96 | $10.80M | 1.545M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 13394 | $6.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.99 | 4946 | 2 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |