AEJ redbank energy limited

interesting announcement today, page-6

  1. 7,424 Posts.
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    "My concern is that Nexif would be happy for a equity rasiing at these levels which would significantly dilute existing shareholders value!"

    There is not much chance of that while the Bronte-Coastal boys control 35%, and another 10% (conservative estimate) is held by supporters (like myself).

    I think that Nexif want "a place at the table". but I'm not sure what good it will do them.
 
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