EDT 0.00% 9.1¢ edt retail trust

trading halt, page-18

  1. 944 Posts.
    lightbulb Created with Sketch. 5
    EPN buying more to get the deal throgh. They aleady own 43% or something round there.

    This has been a debacle from the start. Maquarie wanted out and EPN wanted it for nothing. Looks like their going to get it their way with the cap raising there was all kinda or dodgy dealings going on. Maquarie selling their stake to EPN. Then EPN buying their stock well below SP for their investment.

    CAP raising unwritten by maquarie. Maquarie selling rights to manage trust to EPN.

    No dividends payout to keep cash in business and keep SP low. I just can't believe this kinda stuff is legal. If you draw a timeline its not hard to work out what EPN and maquarie's goals where from the start.

    At the end of the day EPN will get a whole bunch of assets valued at 10.5 AUD and not have paid more then 8c a share for it even as low as 5.5 that to me is appauling.

 
watchlist Created with Sketch. Add EDT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.