SML - Synlait Milk Ltd

[FarmerHamilton]

Should we run a "book" on what the opening price will be.

Whatsup = $2.55.

farmerhamilton ; $2.35

[Joshuatree]

Good luck folks, hope its a good one for all ,ca-ching.

[percy]

Would be happier at $2.35.Not sure whether I will pay $2.55,so will split the difference and go for;
percy; $2.45.

[Balance]

Would be happier at $2.35.Not sure whether I will pay $2.55,so will split the difference and go for;
percy; $2.45.

10% premium so $2.42

[percy]

Looks as though I will be paying $2.65 for half of what I want.

[Scottman]

I'm thinking it will be in the $2.40 - $2.60 range. Will go with $2.47 to be different.

[zigzag]

ZZ will go for $2.44

[bonne vie]

So what games are being played - when you look at the current depth - with match rate of $2.70. Over enthusiasm of buyers??. Given it is outside the guide range - I guess like others have said in the past - sit out and wait for the price to settle in the months to come if you are an investor. I guess lot of sellers will be getting very encouraged by the current bids on offer and will wait and see too. Such is the psychology of shares sometimes - rather than fundamentals.

500 2 310 4,000 1 301 22,800 8 300 2,000 1 295 4,650 3 290 4,500 2 285 30,000 1 281 49,182 8 280 3,600 1 276 20,300 4 275 8,000 3 270 1,500 1 269 9,000 1 268 3,000 2 266 53,228 10 265

Asks Price No. Quantity 250 1 5,000 260 2 100,000 261 2 29,500 262 1 2,000 270 2 8,000 280 1 10,000 285 1 2,000

[baller18]

So what games are being played - when you look at the current depth - with match rate of $2.70. Over enthusiasm of buyers??. Given it is outside the guide range - I guess like others have said in the past - sit out and wait for the price to settle in the months to come if you are an investor. I guess lot of sellers will be getting very encouraged by the current bids on offer and will wait and see too. Such is the psychology of shares sometimes - rather than fundamentals.

500 2 310 4,000 1 301 22,800 8 300 2,000 1 295 4,650 3 290 4,500 2 285 30,000 1 281 49,182 8 280 3,600 1 276 20,300 4 275 8,000 3 270 1,500 1 269 9,000 1 268 3,000 2 266 53,228 10 265

Asks Price No. Quantity 250 1 5,000 260 2 100,000 261 2 29,500 262 1 2,000 270 2 8,000 280 1 10,000 285 1 2,000

How come no trades have gone through if all the buyers are willing to pay more than $2.5 and theres a seller at $2.5?
How does that work??

[randoman]

How come no trades have gone through if all the buyers are willing to pay more than $2.5 and theres a seller at $2.5?
How does that work??

Listing opens at 11am