AEJ 0.00% $8.00 redbank energy limited

sp: why is it 8.6c when the offer is 10c?, page-5

  1. 3,740 Posts.
    Asf

    It is not done deal yet.

    Still require and anyone of these failure will ruin the plan. That is where apacaptial come in after deal fail.

    1. 75% creditors approval
    2. Court approval
    3. shareholder approval

    the whole deal should complete by early next year might be Jan or Feb after the Extro GM. That is too long and in current market is unpredictable. If overall market drop again. The sp price will decline as a result.


 
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