AEJ 0.00% $8.00 redbank energy limited

our rights (us = $450 milions) , page-18

  1. 3,740 Posts.
    I agree with you again. Implant. Your view are harsh but truth. A thumb up from me.

    Not one would like to see alinta in administration. Neither the us, the management or the lenders.

    I would like to see what alinta management/suitors can come up with especially some form of return with our $450 milions loan. If they are thinking that they can buy our company at 5 cents a share. Then they can takeover our company and then massive dilute us with the goal to wipe us (orginal shareholders) and our trusts $450 milions dollars of debt off this planet. Then I am sure they have some tough resistance.

    I would rather it go into administration (even with zero return) than let the hedge funds smiling and make money from our wounds.

    But business is all about win-win. So if the suitors can offer some return from our $450 milions dollars of loan to alinta. Then we (the shareholders) are happy to do a deal with them to wipe this loan off and handover the company to them.
 
watchlist Created with Sketch. Add AEJ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.