AEJ 0.00% $8.00 redbank energy limited

administration not a good outcome for lenders, page-8

  1. LZA
    1,855 Posts.
    bottomfeeder1 ,
    most liquidation return of capital takes YEARS, so 3 months is nothing. normally they like to take their time so they can collect fees etc. they also have to wait for creditors to lodge claims and these often need to be vetted, so i figure a year would be a relatively short period of time.

    its hard to be confident about anything to do with AEJ - its just the left overs from BBP which is bonus for me, so i can just let it ride to boom or bust.
 
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