SM1 2.17% 23.5¢ synlait milk limited

Ann: SML Announcement - Supreme Court Update, page-463

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    Shareholders have already had plenty of opportunity to be vocal. If they leave it till a negative court decision then that is on them. This issue has been around since Synlait slyly let let the market know of the High Court decision.

    I would point out that if the decision goes either way this is not the end of the matter. A positive decision for Synlait will still see the issue of Compensation needing to be resolved - I don't recall the Supreme Court has been asked to decide that. A negative decision will then flush out what Mr Ye wants to do in terms of enforcement.

    Either way I see this issue remaining unresolved until at least the end of 2021.
    Last edited by minimoke: 04/06/20
 
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