A40 0.00% 8.2¢ alita resources limited

Ann: GXY: Alita Senior Secured Debt Facility Repaid by Adminis, page-35

  1. 2,523 Posts.
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    I completely disagree that galaxy "took control of the company" and "let 350 workers go". That is completely false and misleading. The administrators took control of the company, and A40 management let 350 workers go by way of VA.

    Galaxy extended the debt facility to A40, but in no way was in charge of those said decisions. Galaxy then put forward a bid to pay the rest of the creditors and gain ownership of assets, but was not successful.

    What a negligent article. And for you to post and support this shows a complete lack of understanding. Its no wonder you are frustrated at GXY, you lack the fundamental understanding of VA. Your inability to grasp a simple concept has lead you with clouded judgement and spitefulness towards the wrong party.

    geeez


 
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