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.
Ann: Ceasing to be a substantial holder, page-22
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 (20min delay)
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Last
$6.72 |
Change
-0.270(3.86%) |
Mkt cap ! $4.858B | |||
| Open | High | Low | Value | Volume |
| $6.96 | $6.98 | $6.63 | $20.41M | 3.023M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 50927 | $6.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.72 | 11848 | 3 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$6.67 |
Change
-0.270 ( 4.62 %) |
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| Open | High | Low | Volume | ||
| $6.97 | $6.98 | $6.63 | 1304757 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| A2M (ASX) Chart |
