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
$7.12 |
Change
0.090(1.28%) |
Mkt cap ! $5.147B | |||
| Open | High | Low | Value | Volume |
| $6.99 | $7.17 | $6.95 | $21.80M | 3.067M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 14175 | $7.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.13 | 5695 | 2 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$7.14 |
Change
0.090 ( 1.42 %) |
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| Open | High | Low | Volume | ||
| $6.98 | $7.17 | $6.95 | 913623 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| A2M (ASX) Chart |