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4.76% 22.0¢ synlait milk limited

Has to be leverage- they underwrote it anyway for the extension...

  1. billkiapi
    308 Posts.
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    03/06/24
    12:41
    Post #: 74136350
    Has to be leverage- they underwrote it anyway for the extension so maybe buying time or getting leverage or both. If Synlait had failed, Bright would have had to pay the $130M anyway? Where is A2M in all of this- silent and a counter party in disputes.
    SM1 Price at posting: 42.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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