AEJ 0.00% $8.00 redbank energy limited

the vultures have returned to pick at the bone, page-12

  1. 205 Posts.
    I don't think the coastal guys will ever vote a No eventually.
    Possible outcome 1: TPG increases the bid at last minute and convince everyone (or almost everyone) to vote yes.
    Possible outcome 2: Coastal changes mind at last minute and vote Yes.
    Possible outcome 3: TPG (and/or its friends) buys Coastal's share off-market, at a higher price.
    IMHO, #3 is the more likely result.

    I am in this one for some arbitrage profit. Will hold and vote yes. Happy to get my 10c and go away.
 
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