Of course it is a weight around Synlait's neck. It'll be valuable to someone with actual customers and production demand, whereas that clearly is not Synlait at this point, which makes the facility more of a liability to them specifically.
There is no such thing as an 'underperforming plant', yes it may be underperforming in the context of Synlait's poorly run business but I think we can agree virtually anyone else could do a better job.
I gave a couple examples already of potential parties who might be interested but I am sure there would be other multinationals as well.
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the a2 milk company limited
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Of course it is a weight around Synlait's neck. It'll be...
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Last
$8.02 |
Change
-0.250(3.02%) |
Mkt cap ! $5.806B |
Open | High | Low | Value | Volume |
$8.25 | $8.25 | $8.01 | $5.703M | 705.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 37534 | $8.01 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.03 | 10897 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 21446 | 8.020 |
14 | 30092 | 8.010 |
18 | 25678 | 8.000 |
14 | 24864 | 7.990 |
11 | 24266 | 7.980 |
Price($) | Vol. | No. |
---|---|---|
8.030 | 8110 | 30 |
8.040 | 11348 | 15 |
8.050 | 26235 | 13 |
8.060 | 12075 | 9 |
8.070 | 28617 | 8 |
Last trade - 13.57pm 23/06/2025 (20 minute delay) ? |
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