AEJ
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0.00% $8.00 redbank energy limited

1.3m for sale, page-4

  1. bottomfeeder1
    1,561 Posts.
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    04/02/11
    13:09
    Post #: 7842302
    Guy's,

    There is roughly 14.8m shares on the sell side or 1.8% of the total shareholding.

    The document released the other day doesn't confirm that GPG will support the 10c bid, however they are saying that they are relying on their support.

    Although the No may still get up, without GPG is going to be tough if Coastal is part of the debt syndicate.

    I'm a NO!
    AEJ Price at posting: 9.6¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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