AEJ 0.00% $8.00 redbank energy limited

delagI have to agree with timber1956.They do have a priority to...

  1. 1,053 Posts.
    delag

    I have to agree with timber1956.

    They do have a priority to sell tyhe business and recoup as much as they can. Keep in mind they stepped in and made between 20% to 35% on the Debt for Equity so what is now left is cream for them. Even if it sells for nothing they have already got the returns on the initial restructure.

    The question is how much value they sell left. yes they have day jobs but if this business can retunr a 10 fold increase I suggest that their priorities would be fashioned by how much they believe they can extract from this investment.
 
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