Well our mate Jonathon Snape (Bell Potter) was calling a BUY on Synlait, while calling a SELL on A2M.
What he has failed to understand is that A2M has all the margins of the IF product at super premium end prices. Synlait are just manufacturers exposed to a manufacturer's margin which will always be under pressure. He was comparing A2M's PE to staple food companies. These would have included Synlait which will never have the margins of A2M's IF.
I wonder if he will reverse his call today or double down.
TEN RED today GREEN on SYNLAIT News.., page-7
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Last
$5.51 |
Change
0.060(1.10%) |
Mkt cap ! $3.808B | |||
| Open | High | Low | Value | Volume |
| $5.50 | $5.68 | $5.45 | $20.46M | 3.677M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 45834 | $5.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.53 | 4510 | 1 |
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| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |
