AEJ
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0.00% $8.00 redbank energy limited

alinta owe $450 milions to shareholders, page-12

  1. galileo_
    1,173 Posts.
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    21/07/10
    21:00
    Post #: 6928823
    fitnfam. The one resolution you haven't covered is a scrip swap.

    Say it is Origin, which is logical to me. Then a deal can be done where existing shareholders of AEJ inherit a blue chip, naturally with the AEJ premium built into the swap. This then allows for a 60c price for GPG's stake(which they would happy with), yet allows for plenty of upside for the new owners.

    What say you !
    AEJ Price at posting: 6.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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