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An announcement from Synlait Milk Ltd. ( (AU:SM1) ) is now available.
Synlait Milk Ltd. has announced an upcoming Annual Shareholders’ Meeting to discuss the proposed North Island Sale, which requires shareholder approval. The meeting will cover the terms and conditions of the sale, its implementation, and other typical business matters such as the re-election of directors and approval of auditor’s fees. This decision could have significant implications for Synlait’s operations and market positioning, potentially affecting stakeholders depending on the outcome of the vote.
The most recent analyst rating on (AU:SM1) stock is a Sell with a A$0.58 price target. To see the full list of analyst forecasts on Synlait Milk Ltd. stock, see the AU:SM1 Stock Forecast page.
More about Synlait Milk Ltd.
Synlait Milk Ltd. is a company operating in the dairy industry, primarily focused on producing and supplying high-quality milk products. The company is known for its commitment to sustainability and innovation in dairy processing, serving both domestic and international markets.
Average Trading Volume: 23,928
Technical Sentiment Signal: Hold
Current Market Cap: A$372.4M
See more insights into SM1 stock on TipRanks’ Stock Analysis page.