AEJ 0.00% $8.00 redbank energy limited

alinta owe $450 milions to shareholders, page-13

  1. 1,844 Posts.
    What say I-I say that equals a new house right on the beachfront for me and some world travel if your right.That's why i'm packing for bear.

    then again-maybe alinta is now paying interest on some of this $430m recorded debt to the trust and that is being used to buy their own (Alinta)debt at 60c in the dollar.What a nice thought,if it were possible or true.

    I think i'll take the 10 times multiplier (60c either way bet)win or place with my booky-the ASX.broker.the odds are so high,win or place,i'm in the money unless the horse dies.

    GPG would be happy too turning $12m to $100m in 2yrs.

    Who knows but -what are the negative options? likely to return less than 6-10c to us shareholders.i don't see too many.the fruit may be green but the crops looking like a bumper,providing there's no more storms coming and no winter frost due.


    A QUOTE ----from the character CHAUNCEY GARDENER in the movie --- BEING THERE ---with Peter Sellers (he won an oscar for the part).Each year the long never-ending summer fails to continue,then comes the fall leaving the trees barren and a feeling of despair.A cold desolate winter follows seemingly without end.Then the warmth slowly returns bringing new hope with shoots of new growth heralding the return of spring followed by the summer which acts like it will never leave once again.Then summer fails once more as the days grow colder and shorter.Such is the simplicity of our yearly ritual,so it is with our garden,our life and our economy.

    Who needs economists and advisers blathering on when -its just that simple.KISS -Keep It Simple Stupid .

    Ask Warren Buffet aka MR GREEN (a pseudoname) he used to write commentaries under.Look beyond the obvious and find what is.No i aint him and draw no comparison with his skill to hang on until the time is right to cash in.

 
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