Synlait, page-156

If A2M haven't confirmed they support the loan publicly, then I would imagine they haven't negotiated anything / done a deal with Synlait in relation to the matter ? (Eg. Arbitration resolution by both parties on Exclusivity)


Perhaps A2M are not going to publicly state their intentions as one would assume the SM1 share price would crater off the back of A2M advising the market they do not support the Bright Loan Facility ? Synlait claim they intend to notify SM1 shareholders of A2M's intentions but A2M might leave their voting until the absolute last minute so good luck with that ? Also poor comms today given Synlait can't even get the content of the announcement right ... look at this glaring error - this notice was issued on 25 June 2024 and it should read "Synlait is committed to updating shareholders of A2M's voting intention" ... lol





That said, an interesting week coming up for A2M and SM1 .... also a big push for SM1 shareholders to return their proxy votes so Synlait can vote those proxies on favor of the deal - one can deduce that there are not many that have undertaken this proxy process or there wouldn't be such a push for same and of course if many smaller Synlait shareholders don't vote at all well then A2M have a huge chance at killing the deal with their voting power if that is their intention ?


GLTAH