My guess is the bank is realising all their money cannot be recovered. So since then cbd, sun, WBLB sold their portion of debts in range of 65c to 80c to a mystical seller (could be one of the takeover party as suggested by gallieo). Also remembered that alinta was seeking a haircut of their loans since last year.
By reducing their loans. The banks can write them off in bad debts for tax purpose. Also as suggested by apple more attractive to takeover party to revalue the company in a new loan package. So the takeover company can be easier to transfer it to their books.
Alinta is different from bbi where we do not have sparc and beps. So the outcome should be better than bbi.
AEJ Price at posting:
5.5¢ Sentiment: None Disclosure: Held