SYB symbion health limited

Logistics demerger and Smedley retires

  1. 10,757 Posts.
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    How is that for headline. Should see the stock take a positive move upwards on the news.
    How ironic that it was the news that Smedley was appointed to Mayne that sent the shares rocketing up after the high 2s some time ago.

    Logistics is to be demerged and Mayne will concentrate on health and drugs (pharmaceuticals actually, but I thought "drugs" sounds more profitable in this market).

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Currently unlisted public company.

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