AEJ redbank energy limited

new directors, page-16

  1. 1,621 Posts.
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    the new directors are Bronte capital directors and hold over 15% of AEJ so they have skin in the game, especially when they bought a nice parcel at $6/share from GPG's sell down.

    I suspect that they will be looking for a number no less than $8/share as the base and moving up from there to closer where the independent exports valued the buisiness on a going concern basis of between $31 and $45/share.

    We just need to find a willing buyer, or get the government to pay to shut down the facility under the carbon tax scheme.

    Things are heading positively but not ready to raise a toast just yet!
 
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