SML - Synlait Milk Ltd

**jamiec26** · 01-10-2014, 07:33 AM

Wahoooo!!! Finally!

**Lease** · 01-10-2014, 01:26 PM

Surprisingly SP has no big jump today.

**K1W1G0LD** · 06-10-2014, 04:37 PM

Up Up and away.............................................. ....

**Citizen Erased** · 06-10-2014, 04:53 PM

Hopefully it gets back over $4.00 (where I bought). LOL.

**1leon** · 06-10-2014, 10:50 PM

Originally Posted by Citizen Erased

Hopefully it gets back over $4.00 (where I bought). LOL.

The shares were issued at $2.20 a bare 15 months ago. At the time there was comment there was a lot of blue sky in the prospectus. It failed to meet projections. The Company has non standard governance which allows effective control to a 48% holder who was not prepare to subscribe at $2.20,effectively precludes any other party achieving a takeover, has no reason to increase its holding, and can also take its profit further down the distribution chain. Why did/do you think $4 was/is appropriate?

**K1W1G0LD** · 06-10-2014, 11:08 PM

Originally Posted by 1leon

The shares were issued at $2.20 a bare 15 months ago. At the time there was comment there was a lot of blue sky in the prospectus. It failed to meet projections. The Company has non standard governance which allows effective control to a 48% holder who was not prepare to subscribe at $2.20,effectively precludes any other party achieving a takeover, has no reason to increase its holding, and can also take its profit further down the distribution chain. Why did/do you think $4 was/is appropriate?

1 post and you already know more than anyone else................interesting.

**1leon** · 07-10-2014, 12:24 AM

Originally Posted by K1W1G0LD

1 post and you already know more than anyone else................interesting.

Meaning? And now I have posted twice as much!

**K1W1G0LD** · 07-10-2014, 06:29 AM

Originally Posted by 1leon

Meaning? And now I have posted twice as much!

You work it out sherlock..............................ooh and welcome to the forum??

**K1W1G0LD** · 07-10-2014, 09:03 AM

Originally Posted by black knat

1leon has been around a long time. Why don't you respond to the substance of what he is saying, he is making fair points, just does not agree with you apparently. You undermine your credibility by resorting to abuse.

Abuse??!!..............................LOL
at the moment the shareprice is the bible not half assed theories!!