You might be otherthinking things in term of the timing of this article. The posted article was originally published on the FNArena site 13th March. The copy that I posted was included in their weekly published PDF of the 15th which became accessible to the public yesterday the 23rd. Now that it’s public I felt free to share here.
Not that it probably matters but I notice I neglected to include a link in my original post.
https://www.fnarena.com/downloadfile.php?p=w&n=FC08AC0B-FBDC-0E90-EAAE90881153F7EA
I shared the post not because I believe Bell Potters claims. However thought it might be of interest as to what some market participants were thinking and followers reading.
As to there claim of raw material cost increases note that the recent Synlait interim report was for the period up to 31st January. It’s possible that their have subsequent ingredient price increases.
Personaly I will continue to own shares until such time as A2M financial reports indicate there is a reason to doubt the investment case.
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$5.48 |
Change
0.670(13.9%) |
Mkt cap ! $3.808B |
Open | High | Low | Value | Volume |
$5.59 | $5.70 | $5.38 | $26.05M | 4.728M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 16760 | $5.48 |
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Price($) | Vol. | No. |
---|---|---|
$5.50 | 8161 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5399 | 5.630 |
6 | 17273 | 5.610 |
4 | 33072 | 5.600 |
4 | 20359 | 5.590 |
2 | 7656 | 5.580 |
Price($) | Vol. | No. |
---|---|---|
5.650 | 7091 | 2 |
5.670 | 9037 | 3 |
5.680 | 9833 | 4 |
5.690 | 6747 | 2 |
5.700 | 8222 | 4 |
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