Telling last line paragraph 4. Simon " As the senior secured creditor, Galaxy can work directly with all stakeholders to examine the best possible reorganisation options " Will it be cloak and dagger or more friendly merger of business's to weather to current spot price storm, after all this is what the term re-organisation implies? I can't comment because I don't know however their willingness to jump in at rates established in much better times is if anything flattering of Alitas assets/operations, especially following the 20c equity sting from a few weeks back. A wise play by GXY. I wonder if Mark called Simon- hey champ, can you throw us a bone here? or if GXY was forthcoming with the rescue plan. Interesting times.
A40 Price at posting:
8.2¢ Sentiment: Hold Disclosure: Held
