Everyone knows it's a capital intensive business with high overheads. Their plan is clearly to increase scale through the volume with A2 and then make higher margins with other IF customers, their new fresh milk facility and Tablot cheese. They're a manufacturer. Luckily the cost of borrowing has hit record lows in NZ which enables them to reduce their interest costs. They won't need another CR either looking at the balance sheet.
The cost won't matter in the long-run, it's a one-off cost that hopefully results in a further dip in share price to make this even more attractively valued.
Ann: SML Announcement - Supreme Court Update, page-408
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Last
44.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $96.17M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 44.0¢ | 43.0¢ | $28.03K | 64.83K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 10000 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 44.0¢ | 13756 | 2 |
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| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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43.5¢ |
Change
0.000 ( 1.14 %) |
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| Open | High | Low | Volume | ||
| 43.0¢ | 43.5¢ | 43.0¢ | 24064 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
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