I would like to think they are looking to cut cost as any reasonable person/business would do while waiting to exit. Bronte capital man bght the bulk of his shares from GPG selldown in full and paid average of $6. His background clearly shows he holds the right skill set to handle Redbank, so take comfort from that. I hope this forum contines to discuss Redbank once delisted - it should ensure being unlisted doesn't leave us too much in a information vaccum.
AEJ Price at posting:
$4.08 Sentiment: ST Buy Disclosure: Held