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
I think you might be right @Termsofuse - they look to be saying...
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Last
$5.28 |
Change
0.090(1.73%) |
Mkt cap ! $3.822B | |||
| Open | High | Low | Value | Volume |
| $5.23 | $5.29 | $5.14 | $18.87M | 3.614M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12652 | $5.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.29 | 3513 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |