AEJ 0.00% $8.00 redbank energy limited

some buying yesterday

  1. 1,053 Posts.
    Though only small the buying yesterday supported with potentially more buying this morning would indicate that there is something in the wings.

    The last announcement was that the directors and the lenders were in negotiation to extend the loan facilities for a greater term. This was to close out at the end of May.

    I suspect we may hear something more favourable earlier, or we may hear something related to the shut down ie potential insurance claim. I am a little surprised that the board hasn't mentioned anything re the shutdown and the potential for a claim.

 
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