AEJ 0.00% $8.00 redbank energy limited

trading halt - again, page-5

  1. 1,053 Posts.
    daleg

    I did get your explaination, my example was more detailed in that if a major shareholder (Nexif Pte) were to purchase the debt.

    They would be in a position to force a debt for equity swap or terms on the bank loan that would be detrimental to shareholders to force the sale of the business.

    I do understand the tie up with the agreement, however i am lookuing at it from a more aggressive buyers perspective.

    NB Nexif do have the funding to do so!
 
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