AEJ 0.00% $8.00 redbank energy limited

I'm geussing that the Board couldnt nut out the long term...

  1. 1,053 Posts.
    I'm geussing that the Board couldnt nut out the long term financing with the banks and they are placing the business in a trading halt until they can resolve the situation.

    I cannot believe that the banks will not support AEJ longer term when they have demonstrated that they have gotten over the hardest part.

    I suspect this is all a negotiating tactic as the banks hold out for a more favourable deal.
 
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