Not approving the Loan will be risky as it potentially opens a bidding war for SM1 assets.
A2's competitors may have an interest in those Assets aor may choose to be disruptive - who knows.
MY initial inclination is for A2 to approve the Bright facility and then to underwrite the capital raise.
Cheers
Synlait, page-148
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| Open | High | Low | Value | Volume |
| $6.90 | $6.90 | $6.80 | $7.266M | 1.060M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12501 | $6.87 |
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| Price($) | Vol. | No. |
|---|---|---|
| $6.88 | 33092 | 3 |
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