"At ailing Alinta Energy, attention is turning to Alinta's beleaguered shareholders. Should Rothschild be able to cut a deal with the banks, it looks like they are also going to have to throw a scrap or two to equity holdes. Any deal is likely to require a scheme of arrangement, voted on by those equity holders. That hands a whole lot of leverage to GPG with its 19.9 holding. It's a fair bet GPG would be there to cast its vote in any scheme, and with the rest of the register fairly fragmented, its influeence is likely to loom large" ---------------------------------------------------------- As we all know, GPG is averaged at approx 7.8c now. Our investment is in safe hands!
AEJ Price at posting:
5.3¢ Sentiment: Hold Disclosure: Held
