its quite simple really. If you vote 4 10c that's what you get.
If you don't-they don't get $800m value and if its in administartors hands and they will will probably realise blow all,to what they will make with this 10c deal.Plus we would be creditors TOO.Some of the paperwork would need to be challenged by them thru the courts and it could be YEARS before they get control.
So its in their interests to get a yes.
MY YES WILL COST THEM 20c plus
And to get them to want to pay me that I have to vote NO THE FIRST TIME AROUND
Why else would the lenders syndicate bother having a meeting to co-incide with ours,UNLESS THEY MAY HAVE TO IMPROVE THE OFFER.
Plus MY NO VOTES WORTH THREE OF YOUR YES ONES.
Plus if you put a sell on the market at 20c now,there desperation may take them there before the vote.
AEJ Price at posting:
9.4¢ Sentiment: Buy Disclosure: Held