If the market actually thought there was a chance for the loan to be paid back then the market cap wouldn't be where it is today. The impairment of the loan has already been priced in. Any change to the loan arrangements and there will be upside in the SP. An ASIC inquiry should cease the dodgy transfers between AXIS and MED along with an investigation into the private Gutnick company dealings. Lets see if this results in another slap on the wrist or more serious consequences from a breach of director duties by the Gutnicks.
