What were you hoping to happen, the companies only supplier and holder of the samr licence for their major market as the reports pointed out many times on Tuesday is struggling to remain a going concern.
Imagine if on the 30th July the bankers decided to close the books and force Synlait into receivership and decided that it was unprofitable to keep the plants going and just do a straight asset sale, A2m would be buggered. You say its not possible, anything is possible.
Just maybe A2m has played hard ball once to often, a mutual business relationship is more beneficial than no relationship which is where these two companies seem to be heading.
What were you hoping to happen, the companies only supplier and...
Add A2M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.74 |
Change
0.190(2.90%) |
Mkt cap ! $4.872B | |||
| Open | High | Low | Value | Volume |
| $6.57 | $6.77 | $6.53 | $27.18M | 4.083M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1177 | $6.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.74 | 8931 | 2 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$6.74 |
Change
0.190 ( 3.47 %) |
||||
| Open | High | Low | Volume | ||
| $6.57 | $6.76 | $6.53 | 942835 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| A2M (ASX) Chart |