SM1 News: Synlait Milk (NZSE:SML) shareholders have endured a 60% loss from investing in the stock three years - 19th Jan 2023, 7:47am

[annb0t]

Synlait Milk Limited (NZSE:SML) shareholders should be happy to see the share price up 13% in the last quarter. Meanwhile over the last three years the stock has dropped hard. Tragically, the share price declined 60% in that time. Some might say the recent bounce is to be expected after such a bad drop. The rise has some hopeful, but turnarounds are often precarious.

Now let's have a look at the company's fundamentals, and see if the long term shareholder return has matched the performance of t...

>>> Read more: Synlait Milk (NZSE:SML) shareholders have endured a 60% loss from investing in the stock three years ago