Compare current alinta management board to previous board. The current management are doing a better jobs than the last batch.
Saved alinta from sinking by cutting off distributions and sold some of our assets which areclose to our purchase prices, negotiated a good deal on paying off the BBIL loan, extended our lifeline to another 2.5 years and starting a deleverage process etc.
I only believe in actions. So far the current management have proven that they did a good job.
They have mentioned in their last two official annual reports that "to protect equity holder values are one of their top priority". I sincerely hope they will honest and hold onto their words and to protect all shareholders in current deleverage process. Otherwise, I will vote "NO" in any plans that could jeopardise my investment.
-------------------------------------------------------------------------------- my guesswork only...do not follow
AEJ Price at posting:
5.2¢ Sentiment: Hold Disclosure: Held
