AUL 0.00% 28.5¢ austar gold limited

Ann: AuStar to become a major secured creditor of Centennial, page-49

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  1. 169 Posts.
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    Yes. I came late, so missed the infield huddle. The one thing I think the BODs unanimously agreed upon was to ensure the deal would go ahead without providing the terms of the agreement to the market, while also preventing shareholders to have a vote on the agreement. After that was settled they gave me fluff.

    While you could argue that if this agreement goes pear shaped it is on their heads, what I suspect is that they are just preparing us for more bad news.
 
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