Synlait Milk Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

CHIA:SM1 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
01 Oct 24	BuyAU$168,830,020	Bright Dairy Holding Limited	Company		308,333,333	AU$0.55

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of SM1?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	11,026,760	1.83%
Institutions	27,601,443	4.58%
General Public	49,635,911	8.23%
Public Companies	119,635,613	19.8%
Private Companies	395,298,371	65.5%

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 176%.

Top Shareholders

Top 25 shareholders own 91.76% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
65.3%	Bright Dairy Holding Limited	393,599,938	AU$149.6m	362%	no data
19.8%	The a2 Milk Company Limited	119,635,613	AU$45.5m	176%	no data
1.58%	Chester Asset Management Pty Ltd	9,520,000	AU$3.6m	77%	no data
1.02%	Accident Compensation Corporation, Asset Management Arm	6,139,875	AU$2.3m	-22.1%	0.05%
0.85%	John Penno	5,109,803	AU$1.9m	0%	no data
0.66%	Xstar Fund Management	3,980,000	AU$1.5m	0%	no data
0.36%	New Zealand Funds Management Ltd.	2,155,587	AU$819.3k	-66.2%	3.49%
0.33%	L. Keeper	1,975,000	AU$750.6k	0%	no data
0.27%	Smartshares Ltd.	1,621,026	AU$616.1k	0%	0.01%
0.16%	Forsyth Barr Investment Management Limited	964,480	AU$366.6k	40.2%	0.02%
0.15%	Dimensional Fund Advisors LP	921,571	AU$350.3k	0%	no data
0.15%	Therese Roche	900,000	AU$342.0k	0%	no data
0.15%	The Vanguard Group, Inc.	878,014	AU$333.7k	-73.8%	no data
0.13%	Philip Lennon	800,000	AU$304.1k	0%	no data
0.12%	Jmis Investment Management Limited	700,000	AU$266.1k	0%	2.11%
0.11%	Octagon Asset Management Limited	670,226	AU$254.7k	0%	no data
0.11%	New Hope Dairy (Hongkong) Trading Co Ltd	655,395	AU$249.1k	0%	no data
0.099%	Hieu Nguyen	600,000	AU$228.0k	0%	no data
0.088%	Horo Holdings Limited	530,000	AU$201.4k	-37.1%	no data
0.087%	Paul Lancaster	527,812	AU$200.6k	0%	no data
0.087%	Bronwyn Lancaster	527,811	AU$200.6k	0%	no data
0.085%	Rangatira Trust	513,038	AU$195.0k	0%	no data
0.083%	Rita Dressler	500,000	AU$190.0k	0%	no data
0.011%	Ruth Richardson	66,025	AU$25.1k	0%	no data
0.0043%	Gesiuris, SA	25,765	AU$9.8k	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 09:11
End of Day Share Price	2024/12/20 00:00
Earnings	2024/07/31
Annual Earnings	2024/07/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Synlait Milk Limited is covered by 11 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jonathan Snape	Bell Potter
Richard Barwick	CLSA
Sean Xu	CLSA