Capital Signal

Synlait Milk Limited (ASX: SM1)

Sector: Consumer Staples

Market cap: A$259M (as of 2 Nov 2026)

Dairy manufacturer focussed on supplying higher value dairy products to leading milk-based health and nutrition companies

Data as of 2 Nov 2026.

Recent capital raises

DateTypeAmountPriceDiscountSource
20 Aug 2024Placement$217.8M$0.60100% premiumFiling ↗
30 Nov 2020SPP$20M$5.10—Filing ↗
10 Nov 2020Placement + SPP$180M$3.0025% discountFiling ↗
29 Nov 2019Public offer$150M——Filing ↗

Substantial holders — latest moves

DateHolderMoveHoldingSource
29 Sept 2025Bright Dairy Holding LimitedIncrease39.01% → 65.25%Filing ↗
1 Oct 2024Bright Dairy Holding LimitedIncrease39.119% → 65.252%Filing ↗
1 Oct 2024The a2 Milk Company (New Zealand) LimitedDecrease19.84% → 19.834%Filing ↗
30 Sept 2024Bright Dairy Holding LimitedIncrease39.01% → 65.25%Filing ↗
26 Aug 2024Lei Liu (Andy)Unknown—Filing ↗

Director trades — on-market

DateDirectorTradeSource
24 May 2023Glenn LaingSold 653Filing ↗
23 May 2023Glenn LaingBought 312Filing ↗
17 May 2023Glenn LaingBought 341Filing ↗
13 Nov 2020Chris FranceSold 10,000 sharesFiling ↗
5 May 2020Hamish John Hamilton ReidBought 280 sharesFiling ↗

Ask about SM1 in Claude or ChatGPT

Add the Capital Signal connector at https://capitalsignal.io/api/mcp, then ask:

  • Has SM1 raised money in the last year, and at what discount?
  • What was SM1's latest cash position and runway?

Setup guide for Claude, ChatGPT and other MCP clients →

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Synlait Milk Limited (ASX: SM1): capital raises, holders, director trades | Capital Signal