SM1 1.89% 27.0¢ synlait milk limited

Ann: Market update deleveraging plan, bank covenants, guidance, page-95

  1. 4,132 Posts.
    lightbulb Created with Sketch. 1803
    It would make sense if it were A2M and Bright buying up on the way down - but they can't. No other significant holder notices either. Does make you wonder who the shares are trading hands to.

    I would have thought capital raising was a better idea when the market cap / share price was double what it is now. Seems there would have been a better chance at attracting investment at that point.
 
watchlist Created with Sketch. Add SM1 (ASX) to my watchlist
(20min delay)
Last
27.0¢
Change
0.005(1.89%)
Mkt cap ! $59.01M
Open High Low Value Volume
27.5¢ 27.5¢ 27.0¢ $16.17K 59.90K

Buyers (Bids)

No. Vol. Price($)
4 34277 26.5¢
 

Sellers (Offers)

Price($) Vol. No.
29.0¢ 12613 3
View Market Depth
Last trade - 15.36pm 29/07/2024 (20 minute delay) ?
SM1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.