No. MVM was on the boil for ages
Share market is valuing the whole of Synlait at around Nz$148m. I think the analysts are overly optimistic.
Sure they have a pile of new stainless steel and an even newer expensive to run electricity boiler. But they are losing supply farmers. And they are in turmoil with their one and only Dunsandle customer.
Plus I think they are over inflated - what did Pokeno cost $150m and another $50m or so for canning? Lets for arguments sake round it to $300m. How is Dunsandle worth more than twice?
No. MVM was on the boil for agesShare market is valuing the...
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$5.99 |
Change
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Mkt cap ! $4.330B | |||
| Open | High | Low | Value | Volume |
| $5.92 | $6.00 | $5.92 | $5.887M | 984.7K |
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| No. | Vol. | Price($) |
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| 4 | 11978 | $5.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $6.00 | 30149 | 7 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Change
0.080 ( 1.20 %) |
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| Open | High | Low | Volume | ||
| $5.93 | $6.00 | $5.93 | 2721094 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
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