Actually, gc bringing up a40+gxy has highlighted parallelisms with current situation of pls+min.
From memory, a40 also had coh+ as taw? Towards the end, not selling, stopped production, management gifting themselves with perf options, etc.
I did say before that a40 would not end well, despite trolls constantly bombarding AJM threads with lies and same debt noise.
In comparison, just note how much defense AJM took in building their moat.
On the other hand, the one that has apparently superior resource has not done any moat building. Wide open and yet no indications of any poss hostile action at all?
Now min lodges sub holder notice 3mos later. Not aware of regs, so is there one that says market has to be notified of changes before move in opposite direction?
