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
$5.99 |
Change
0.080(1.35%) |
Mkt cap ! $4.330B | |||
| Open | High | Low | Value | Volume |
| $5.92 | $6.00 | $5.92 | $5.887M | 984.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 11978 | $5.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.00 | 30149 | 7 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$5.98 |
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 ? | |||||
| A2M (ASX) Chart |