It would be reasonable to assume that the 'corporate negotiations' are more likely to be with Westpac rather than with any merger partner - based on performance, GLN don't really have much to offer to another group. As for Westpac, just put yourself in their shoes - not much prospect of remaining loans being repaid at the rate of loss last quarter and they WILL want their money back - it will be Westpac that controls the outcomes from here.
It would be reasonable to assume that the 'corporate...
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Mkt cap ! $9.077M | |||
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