AEJ 0.00% $8.00 redbank energy limited

proxy fight has started

  1. 1,053 Posts.
    I have been contacted by the two proxy teams representing the AEJ board and Nexif/Matthew Bartley.

    I will now sit back and listen to what they have to say.

    Having said that Nexif have started on the back foot by spending valuable resources in forcing the AEJ board to spend money.

    If this costs AEJ say $50,000 (at least) then AEJ shareholders will loose $0.064/share in value!

    If this continues on with more fighting then this could drain/damage AEJ irrepairably!

    Nexif, you better have a strong case to put forward, otherwise I see your actions as disruptive to what the board is trying to achieve and costing me as a shareholder!
 
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