Thanks for your tips and a thumb up for your apple.
Alinta is very much to hedge funds appetites especially they have bought our debts at a discount. Also Australian energy market is much more attractive than property markets at this moment.
Are there any benefits of non cash impairments to us? I know it is sound silly. But can it help us to negotiate a good deal to restructure the loan with the hedges fund who hold our assets. Also our intangible value will drop.
At least our fate will decide by end of September. More interesting news will come up toward the end of this month. All quite from GPG side.
AEJ Price at posting:
5.9¢ Sentiment: None Disclosure: Held