SM1 News: Investors in Synlait Milk (NZSE:SML) have unfortunately lost 87% over the last five years - 5th Dec 2023, 1:30pm

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Long term investing works well, but it doesn't always work for each individual stock. We don't wish catastrophic capital loss on anyone. For example, we sympathize with anyone who was caught holding Synlait Milk Limited (NZSE:SML) during the five years that saw its share price drop a whopping 87%. We also note that the stock has performed poorly over the last year, with the share price down 64%. We really feel for shareholders in this scenario. It's a good reminder of the importance of diversifi...

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