Well the cards are certainly starting to be revealed,
My take on today’s announcement, Bright want Synlait, and are going to use a CR to do it,
They have tanked the SP to where they are going to get it for an absolute song, everyone else will be to scared to participate, except A2 who are going to be forced to at least maintain their 20% blocking stake…
Circumnavigated the foreign ownership laws and at massive discount to what it would or should have cost them,
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$6.62 |
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 14067 | $6.61 |
Sellers (Offers)
Price($) | Vol. | No. |
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23 | 28680 | 6.600 |
20 | 25976 | 6.590 |
14 | 47727 | 6.580 |
8 | 8786 | 6.570 |
Price($) | Vol. | No. |
---|---|---|
6.620 | 8463 | 16 |
6.630 | 9829 | 14 |
6.640 | 17723 | 14 |
6.650 | 34143 | 17 |
6.660 | 7122 | 9 |
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