I still believe that there is good upside here, if the lenders support continues even with a bad result from Arbitration (worst case) the Liberals have stated clearly that they will repeal the Carbon Tax which would then elliminate the issue altogther. Though AEJ will still need the lenders to support it through the transition.
From another perspective, if the arbitration goes positively the only way is UP for the SP!
AEJ Price at posting:
$8.45 Sentiment: Hold Disclosure: Held
