AEJ 0.00% $8.00 redbank energy limited

interesting announcement today, page-7

  1. 1,053 Posts.
    timber1956

    I understand your position, the problem becomes when you have the bankers in the middle of the whole thing wanting to reduce their risk.

    Yes you are right Bronte Coastal and other major holders dont want that, however Nexif can definately partner/side with the banks and force a situation that shareholders may not want.

    Keep in mind both Coastal and Bronte have made their money (+25% - 35%)what they are trying to do now is extract a bonus return.
 
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