AEJ redbank energy limited

I note someone mentioned the pipeline interest,i believe 11.72%...

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    I note someone mentioned the pipeline interest,i believe 11.72% or thereabouts was not part of alinta.I Believe IT IS.It enables them free carraige of their gas at cost upto ...... plus 11.72% of any third party revenues.Reports indicate from memory a pipeline profit of $80M /year and capacity has just been increased a couple of years ago and another boost is planned soon.
    However,i also believe the pipeline have been directed to reduce their transmission price to users.
    This is all from memory and could be wrong.check it out for yourselves.

    Just bought a few thousand $ more at 6.4c lastnight
    interestingly took about 6 pitiful uneconomic sales odd lot quantities to make up the number.looks like brokers are scraping the barrels and others are tidying up to make their accounting easier.
 
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