AAE 0.00% 0.8¢ agri energy limited

sale of beatrice biodiesel, page-11

  1. 3,062 Posts.
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    My sources tell me that Agri will be debt free after the sale, own assets in Australia and Europe and will have a NTA of around $0.40cents per share. My source also tells me that by Agri selling the American assets alleviates many risks associated with the Bio-Diesel industry in the USA and was the best interests of shareholders. I have also been told that the sale price just about recouped most of the cost of the Beatrice Plant.

    I have decided to hold until after the sale and will support the sale as a shareholder.
 
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