AEJ 0.00% $8.00 redbank energy limited

hidden treasure in alinta headco

  1. 34 Posts.
    http://www.theage.com.au/business/gpg-poised-for-windfall-on-alintas-failure-20100919-15hwd.html

    When I examined the report the Age quoted it says that, on an ongoing basis, the value of the headco (i.e. remote from the claims of the banking syndicate) is $99.9m to 114.6m. How much of this unit holders get is then a function of the seniority of debt from the trust to the company as compared with the seniority of other claims against the company.
 
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