Synlait bonds just hit 75%
Might explain this morning's continued decline in the SM1 share price ..... surely A2M management are all over this and have a plan ? A CR for Synlait at these prices would prove highly dilutional to all holders including A2M ...... let's hope they come to a solution that assists all parties involved.
Just a thought - could A2M offer their 20% holding in SM1 back to the company as a part payment for Dunsandel site along with a cash component ?
I am sure there are multiple ideas / scenarios being discussed .... GLTAH
Synlait bonds just hit 75% Might explain this morning's...
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Last
$8.29 |
Change
0.110(1.34%) |
Mkt cap ! $5.991B | |||
| Open | High | Low | Value | Volume |
| $8.18 | $8.33 | $8.16 | $6.534M | 811.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 4661 | $8.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.29 | 2033 | 11 |
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| Last trade - 12.51pm 20/06/2025 (20 minute delay) ? |
| A2M (ASX) Chart |