SM1 7.58% 30.5¢ synlait milk limited

"Part of the basis for my position is the effect of the...

  1. 6,681 Posts.
    lightbulb Created with Sketch. 1545
    "Part of the basis for my position is the effect of the covenants on potential quarry operations. So in essence Synliats recent concession proves I was right. I only reviewed my view AFTER Synlaits concession. Had Synlait held this new position right from the start my opinion would have been different. Quite obviously Synlait now see the extent of the problem and risk - if there was none they would not have made the concession at this eleventh hour)"

    The transcript for the call of your so called "concession" that changed your view so dramatically is dated the 12th of September. Your rant, however, started on the 11th of September until you backflipped on the 17th of September. Synlait didn't make a "...concession at this eleventh hour..." like you have said. Instead you just didn't see it and conceived your rant based of your own personal incorrect presumptions. What makes you think that it has not always been Synlait's stance all along to not oppose a quarry? Your own presumptions. Regardless, whether Synlait would oppose or not is Synlait's right to do so. So it wouldn't change anything. The only reason that Synlait is being diplomatic is because of the fact that they are a publically traded company.
    Last edited by aniesbaswedan: 26/09/19
 
watchlist Created with Sketch. Add SM1 (ASX) to my watchlist
(20min delay)
Last
30.5¢
Change
-0.025(7.58%)
Mkt cap ! $66.66M
Open High Low Value Volume
32.0¢ 35.8¢ 30.5¢ $33.65K 103.6K

Buyers (Bids)

No. Vol. Price($)
1 1899 30.5¢
 

Sellers (Offers)

Price($) Vol. No.
36.0¢ 8500 1
View Market Depth
Last trade - 16.10pm 13/06/2024 (20 minute delay) ?
Last
35.5¢
  Change
-0.025 ( 9.23 %)
Open High Low Volume
31.5¢ 35.5¢ 31.5¢ 29888
Last updated 15.54pm 13/06/2024 ?
SM1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.