"I have been advised by a close friend that Matthew Bartley has possibly been researching the backgrounds of the on 20 shareholders."
More seriously...
My impression is that the top of the AEJ register is funded by personal money belonging to market professionals. This is not likely to be good news for Matthew Bartley. A decision to sell will be governed by a very small group of people with few accountabilities and a higher appetite for risk. They will expect a payoff commensurate with that risk and there is no one pressing them to settle for less.
The chances of Nexif picking up Redbank cheap depend entirely on an adverse ruling in the Ausgrid arbitration. I expect them to wait and see.
Cheers.
AEJ Price at posting:
$8.55 Sentiment: Hold Disclosure: Held