They already have a blocking stake and enough cash to buy a further stake if a TO comes from somewhere they don't like. I suspect the CFDA was the reason they took a greater stake in Synlait.
But remember that a TO of Synlait by someone else doesn't mean they get automatic CFDA certs for their own products, they would have to go through the same process again.
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$7.01 |
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---|---|---|
31 | 28332 | $7.00 |
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Price($) | Vol. | No. |
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$7.01 | 6759 | 2 |
View Market Depth
No. | Vol. | Price($) |
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7 | 1468 | 7.000 |
21 | 17070 | 6.990 |
16 | 28134 | 6.980 |
10 | 14143 | 6.970 |
9 | 9214 | 6.960 |
Price($) | Vol. | No. |
---|---|---|
7.010 | 19902 | 5 |
7.020 | 9130 | 8 |
7.030 | 39091 | 14 |
7.040 | 12370 | 7 |
7.050 | 24450 | 17 |
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