All the ATM shorters (59m shares as st 9 December) are getting ready for a very Merry Christmas?
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The shorters will be milking it for all they can!
Theres nothing objective about vindictive trolling.
on another note
i don’t think this is exchange rate related as like others have said they could model that much faster. Perhaps changes to china brand health metrics they talked about?
If this is just an earnings downgrade then why halt till Monday?
The Synlait announcement sounds a little ominous, and it had fallen a decent amount, so it obviously not good news
Another QEX type situation?
https://www.nzx.com/announcements/362113
Guidance Recorrecting . I guess.
Response to The a2 Milk Company trading halt
17/12/2020, 2:01 pm GENERAL
Synlait Milk Limited (Synlait) notes that The a2 Milk Company has entered into a trading halt having become aware of information which may require it to revise previously issued guidance to the market. The a2 Milk Company is a strategic customer of Synlait. Once an announcement is released by The a2 Milk Company, Synlait will assess this information, and the impact on its own company, and provide a further update to the market if necessary.
For more information about Synlait visit www.synlait.com or contact:
Hannah Lynch
Corporate Affairs Manager
P: +64 21 252 8990
E: hannah.lynch@synlait.com