SM1 3.77% 27.5¢ synlait milk limited

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

  1. 4,062 Posts.
    lightbulb Created with Sketch. 1771
    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?
 
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