AEJ redbank energy limited

re.Withdrawl of redbank banking facilitiesMaybe bankwest want...

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    re.Withdrawl of redbank banking facilities

    Maybe bankwest want shareholders to accept the 10c deal and stop asking too many questions.Or maybe the redbank accounts now in the public domain have made interesting reading.They did to me. Maybe they don't want anymore funds heading to that ex BBI CROWD before them(as only recently happened) and they don't want to be left shorted in the end.

    interesting to note,its only drawn to $2.6? million(i'm sure it was a lot more than that in the annual report-does that mean its making excess cash to its obligated debt reductions?)If that's the case it blows Alinta managements value statements out of the water. and 45 days notice takes it to around 1st of january.another 45 days takes it to around the time we'll be expected to vote,if its all to be settled by march 31st.

    TALK ABOUT UPPING THE ANTI

    convenient/coincidental holding statement for rise in holding from 5 to 6.8?% for the crowd that's apparently all for 10c deal announced at the same time.
    Don't you feel like someones trying to fence us in.
    Someone on their sides certainly out BUYING VOTES(shares) and figure 8.6c or more is a bargain to them

    It Also makes the independent valuation of that 10c deal a bit easier for someone to write and present and say redbanks worth nothing as its in funding crisis.
    All just before we vote on a new director.
    Maybe its time to make sure you do take that vote.
    The harder they make it,the more you have to wonder how much more those shares are really worth and why its so hard to front up with an independent report to say 10c is a good deal.
    Maybe that's because it isn't,until the circumstances APPEAR MUCH WORSE
 
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