A2M the a2 milk company limited

Synlait, page-161

  1. 2,398 Posts.
    lightbulb Created with Sketch. 345
    Actually recievers will close a business down, especially once appointed whilst they run the books.

    As I said it all comes down to the banks, if the vote fails will they extend beyond the 15th for the 130mil for a start and if they dont do they see value in continuing to run a non profitable business, Dunsandel may seem profitable but have the terms become such that it is marginal.

    The banks have all the say.
 
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