AEJ redbank energy limited

the vultures have returned to pick at the bone, page-4

  1. 811 Posts.
    mj

    I did read the WHOLE article.

    As i said ALL parties have a lot to lose. It is my contention that the debt holders will realise they will lose more if they do not increase the offer to secure a yes vote.

    When i say they need a yes vote they need a 75% yes vote preferably, but shareholders will get bent over if the yes vote gets to 50.01 as you will IMHO not get 10 cents (have you read the supplemental doc).

    Therefore IMHO we need to get a 50.01% NO vote to force the debt holders to offer a higher/fair price for our company.
 
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