AEJ 0.00% $8.00 redbank energy limited

60% annualised return with potential upside, page-3

  1. 811 Posts.
    by my calcs coastal have picked up 56odd million shares in the past 3 months since their initial 40m announced on the 19 october. where as in total in the past 3 months my rough (they are rough!) there has been circa 60m shares traded.

    so if they have 12%, i still hold out hope there are 25.00001% of holders who will vote NO. That is ofcourse before the related parties have to abstain themselves from the vote, so i reakon we propably only need need 15-20% of the remaining to vote NO and squeeze the vultures for 15-20 cents
 
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