AEJ 0.00% $8.00 redbank energy limited

sale of cawse power station, page-10

  1. 204 Posts.
    my 2 cents worth,

    I have been thinking about the sale a bit more - and it may not be as good as it sounds - it is hard to tell but it may be that the asset was written down in the June 30 accounts (which we will get in a few weeks) and then it was sold for more than the written down value.

    if this is the case it may not be such a good sale etc - and NTA may come under some pressure

    ______________

    still shouting into the wind
 
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