The tax bill that A40 will now pay on someone else's behalf will be chew through most of the $102m held in the bank, minus the liquidator's fee. I'd rather have kept paying the liquidator and avoided the tax bill and also found out the history of events since A40 was first put into voluntary administration by Calderwood after talks with GXY failed to address the original funding shortfall, which was only $46m or thereabouts at the time.
Anyway time to bury Alita again.
A40 Price at posting:
8.2¢ Sentiment: None Disclosure: Held
