SM1
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1.67% 29.5¢ synlait milk limited

SM1, page-833

  1. CEOChair
    26,957 Posts.
    lightbulb Created with Sketch. 4610
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    18/09/23
    07:57
    Post #: 69893917
    it’s just a slap on the wrists.


    The Supply Agreement continues on a rolling term until either party gives three years’ notice of termination to the other party…

    At this stage, a2MC expects that any such dispute resolution process may take some time to complete. In the meantime, a2MC has advised Synlait that it would agree to maintain Synlait’s exclusivity until any dispute is resolved (assuming it is resolved by the end of 2024), and even once the matter is resolved, a2MC considers that a2MC will continue to have the right, but not the obligation, to fully source its current IMF products from Synlait.
    Last edited by CEOChair: 18/09/23
    SM1 Price at posting: $1.18 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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