I think you might be right @Termsofuse - they look to be saying the number 1 contributor to the loss is "increased financing and operation costs" - the interest would obviously be a big factor now with that debt .... A2M could be in the box seat here to fix that through taking a bigger piece of the pie - will Bright Diary let them is the real question I guess?
The timing isn't great for Synlait if indeed SM1 are going to undertake a CR in the next 4-6 weeks to enable the debt reduction as the share price will surely drop further today
GLTAH
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Last
$7.83 |
Change
-0.120(1.51%) |
Mkt cap ! $5.669B | |||
| Open | High | Low | Value | Volume |
| $7.97 | $8.02 | $7.77 | $13.40M | 1.707M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7033 | $7.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.83 | 8457 | 3 |
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| Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
| A2M (ASX) Chart |