AEJ 0.00% $8.00 redbank energy limited

"This receivership is dragging out"When I was doing HSC in 1974,...

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    "This receivership is dragging out"

    When I was doing HSC in 1974, a finance company call Cambridge Credit went into receivership. A file on Cambridge Credit is still open at PwC. That is "dragging out".

    The receiver will only offer AEJ cash when the senior creditors have been satisfied. Last time I looked they were still owed $190 million.

    I think it is time to move on.

 
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