SML - Synlait Milk Ltd

[bull....]

share price might jump biggly after a yes vote ? make rights issue price much higher tham most people think

[Bikeguy]

Bright and A2M would choose the next move to maximize their benefits. Selling assets at a discount might not be a good choice for them. Building the Pokeno plant was expensive and challenging. Why would Bright want to sell Pokeno when it has access to capital at interest rates lower than small shareholders could expect?

Intelligent points

[Bikeguy]

SB888, that trade at .20 has paid off big time mate, well done!!

[Charlie]

I bought in at .24 and very happy too . 5% of my holdings so didnt want to risk any more.

[bull....]

if this jumps to a dollar ? ( hopefully after vote , wishing hard ) make a massive difference to money needed for raise.

[whatsup]

.28 open and .41 high so far for the day, fortune favours the brave !! well done all

[Balance]

SB888, that trade at .20 has paid off big time mate, well done!!

Well done indeed!

He who dares wins!

[Toddy]

Yes, well done guys. Way braver than me taking on the big boys in town.

[Balance]

Answer from Chairman to question about size of CR - "hundreds of millions of dollars."

Sounding like $200m to $250m to me.

[Balance]

Loan proposal approved - clear from meeting.

Proxy votes - 59m or 27% in favour so A2M would have been defeated anyway if it voted against the loan.

235,000 shares against the proposal.