AEJ 0.00% $8.00 redbank energy limited

to all the holders who think 10 cents is not enough, and are...

  1. 158 Posts.
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    to all the holders who think 10 cents is not enough, and are convinced that the deal will not be done, please explain why the share price has not breached 10cents.

    Usually when there is a takeover on the table (which this sort of is) the share price will jump to and above the offer price. I would think that the reason Alinta hasn't is because the market doesn't actually think it is worth more than 10cents.

    Just my 2 cents.

    Cheers.
 
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