AEJ redbank energy limited

31 oct to 31 nov extra $20m unrestricted cash?

  1. 2,711 Posts.
    lightbulb Created with Sketch. 578
    31 oct to 31 nov extra $20m or so unrestricted cash?(that must have been earnt in OCTOBER)no wonder the cut-off then
    So if it keeps happening,in 4 months,Alinta will make enough to pay us out and they get the CO. for nix.

    counting,NOV1,Dec2,Jan3,Feb4,March5

    that might be $100m extra free cash

    grant samuels? got the figures they're using from alinta.

    so also the big debt to the syndicate includes $137m in foreign exchange derivative losses,to 31 OCT.
    since then with the rise in AUS,has that turned it to less,or maybe we've even made a PROFIT on derivatives.

    Also that total debt sum to the syndicate includes $170m to be paid in the case of ALINTA making excessive profits.

    SEEMS THEY WANT IT BOTH WAYS-we're insolvent(gotta sell to us),yet we're making excessive profits(gotta pay),but we're not(we've proved you have no choice,can't pay your bills),but your going to pay anyway(because it makes the figures bigger and worse)and hides the $50m debt paid off in the last 4 months.

    My old english and accounting teachers would both give me an F mark for that sort of statement and logic.

    Stinking higher,by the moment.

    By the way,the settlement includes $10m or so in redundancy payments for management.

    Can't wait to rip the six monthly apart.You can't hide it in the detail.

    20 cents getting closer by the minute.

    But only if you vote NO and demand a poll.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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