AEJ 0.00% $8.00 redbank energy limited

Yes, someone is trying to keep a lid on the price today, as they...

  1. 147 Posts.
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    Yes, someone is trying to keep a lid on the price today, as they have been for the past few weeks.

    There was also a big buyer active today. When ever a large sell order was placed, it was snapped up quickly at 5.3 cents. That's very encouraging to see and it gives me hope for the future.

    In my opinion, asset sales are the key. If the directors can off load some assets at good prices, it might see the company survive and return to profitability in the long term. Or will they upgrade to forecast earnings for 2011? Hopefully either of these things are just around the corner.
 
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