I could see a lot of reasons why SM1 board might need someone with finance and accounting expertise !
If Bright wishes to inject more capital into SM1 then I don't think it is any skin off A2M's back. We are still extracting the manufacturing we need from them and have alternative avenues available for everything else.
But as the Keith Woodford article you posted last week mentioned, I don't think the Synlait's debt and financing issues are likely to go away even with a one-off measure such as an asset sale, CR, or input of capital etc. Someone needs to take SML over, and neither Bright nor A2M can do it without the other's blessing and/or cooperation.
I could see a lot of reasons why SM1 board might need someone...
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