SML - Synlait Milk Ltd

[kizame]

The interesting thing will be to see how many get sucked into katmandu,even after watching the results of the Myer float.

[Doyle]

Would have to be a little disspointed with the timing of fonterras announcement. Margins are being squeezed, fonterra downgraded value added returns at both reviews this year. While the milk payout has rise over 30% this year, value added distribution has decreased by 37%.

If this does go public I think their will be a hell of alot of interest none the less.