AEJ 0.00% $8.00 redbank energy limited

re: Ann: Update on Lodgement of Interim Finan... ew1,Not sure...

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  1. 1,053 Posts.
    re: Ann: Update on Lodgement of Interim Finan... ew1,

    Not sure about the NPAT post MTM?

    However the management EBITDA for the half will be closer to $15m excluding the $8.7m from the Carbon Tax.

    I have said it before the SP should take a hike to about $110/share (conservatively) once the half year announcement is made.

    The SP will then potential move up again from $110/share to close to $200/share if and when the board can put in place a long term funding agreement with the banks.

    Having said that, AEJ may come under a takeover before the SP can reflect what the business is now truely worth.

    Interesting times ahead and only two weeks away!
 
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