Ann: a2MC to support and participate in Synlait equity raise, page-21

put my 2 cents in:

1. Bright puts in most of the capital - WIN
2. SM1 loses exclusivity - WIN
3. SM1 and therefore Bright depend on a2m for sales and financial viability - WIN
4. a2m puts in a small fraction of the capital to keep its 19.8% stake and maintain status quo - WIN
5. a2m is already "in bed with the commies" as it sells IF, dairy and other nutritional to China and Vietnam (technically commie like China) and has partnerships with China State Farm and other state owned enterprises so I don't get the frustrated outbursts. Judging by Kaminism headlines from the USA - we may be in bed with covert communists too once FDA approves A2M to sell IF in the United Socialist America. - NO CHANGE

6. SM1 commits to expand A2M production- WIN

this is a great outcome! and they need the gun powder dry until the bank loans are refinanced because the equity raise is contingent on the bank finance. once it's all done and dusted a2m can release capital as a buy back etc NOT before.