This transaction is, i suspect, for one of two things; for equity in A40, and/or, the 1st shot fired in the bidding for A40 (and we are assuming the loan can't be refinanced when the asset is returned, which is a silly assumption to make i think).
We have the opening bid. You're move GXY, and it'll be through the front door this time. Anyone else?
Just as doom was called with GXY's move, which was a massive overstatement, this is not the end either.
A40 Price at posting:
8.2¢ Sentiment: Buy Disclosure: Held