AEJ 0.00% $8.00 redbank energy limited

19 no's, page-11

  1. 204 Posts.
    Mojo,

    I don't think you understand the fact (or perhaps you are a stalking horse for the debt holders), that the hedge funds - led by TPG (and initially led by Mr Waxman, ex Goldmans (I think)) - have purchased the debt for 60 cents in the dollar - don't take us for fools.

    TPG (and the other HedgeFunds they are leading) are not going to make a loss they are going to make a massive profit - when they flip this company - mark my words.

    EBITDA is going up, contracts are rolling off - it is going to be "beer and hookers" for the TPG boys again (see Myer etc - let us hope they at least pay some tax this time - I am looking forward to some more pictures of Jen Hawkins thought).

    Wake up! Don't meekly surrender to the slaughter. (Go and watch "Inside Job" to give yourselves some general background on mechanics of high finance.)

    There are elements of a manufactured crisis to pressure shareholders. This all has a sad familiar ring to it.

    DYOR - my opinion only

 
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