Quote Originally Posted by Lego_Man View Post
I would expect a demand of 9-10% interest rate if convertible notes issued because Synlait has no options.
Interesting too that they talk about financial assistance from Bright Dairy but not A2, final confirmation that the latter are happy to see them go to the wall.[/QUOTE]

I don’t really understand why A2 would be happy to see SML go to the wall?
Would that not put A2 in a position (currently) of not having the manufacturing capability for the product that produces their main revenue for their main market?