A2 votes yes to Bright Loan, page-2

I can't help but wonder if they have let slip their one opportunity to make a play for Dunsandel or a greater stake in Synlait.

But even if they didn't have the appetite for those scenarios, it'd still be really disappointing if they haven't extracted any concession at all in return for this support.

They still have to continue in arbitration with Synlait, still don't have a board seat, and still have to rely on a debt-ridden manufacturer with an uncertain future and farmers walking out the door.

If they don't have ambitions with respect to Synlait or its assets, why have they not invested more in MVM's capacity or any other acquisitions etc. that they have flagged repeatedly? It puts the spotlight back on their lack of capital management IMO.

One can only hope that the Yes vote came with some strings attached that remain part of those "ongoing discussions"...