AEJ 0.00% $8.00 redbank energy limited

Its interesting, but GPG will and have agreed to this.I think...

  1. 6,202 Posts.
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    Its interesting, but GPG will and have agreed to this.

    I think they had plans for a big deal themselves and found either they didn't have the funds to get what they wanted out of it or were just gazumped by this international fund.

    These guys are smart and do this continuously for a living. For them to turnaround and go 'gimme a little more mate' isn't going to happen.

    Yes, I did hope for more but I have a 25% return which I am happy with when I get my 10cents.

    My thought process at the moment is buying some more at 9 cents to get another 10% on the money in a relatively short period of time.

    I think this is done and dusted, with some downside risk to a deal falling over for an unknown reason.
 
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