IMHO the vote will be very close, unless we can get coastal on our side and squeeze the debt holders. as for creditors forcing AEJ into admin, WHY? there is no basis for admin, let me be clear the IS NO BASIS! To be clearer AEJ is making a PROFIT!!! Never forget this, the problem holders have is the debt is rather large and needs to be reduced.
IMHO the debt holders are sitting on a gold mine and if we can get a no vote up they will be knocking on everyones door offering a better price. will it be 20 perhaps not but IMHO i expect at least 15.
AEJ Price at posting:
9.7¢ Sentiment: Hold Disclosure: Held