AEJ - Redbank Energy

Alinta Energy (AEJ), previously known as Babcock & Brown Power (BBP) is a power generation business, with assets diversified by geographic location, fuel source, customers, contract types and operating mode. The company aim is to grow returns to its securityholders through optimisation of its existing power generation business and the addition of further generation assets and associated businesses via a combination of new construction and strategic acquisitions.

For previous discussion of this company please see the BBP thread, which can be found here: https://www.aussiestockforums.com/forums/showthread.php?t=8022

Re: AEJ - Alinta Energy Group

Hi,

Can anyone shed some light on what has happenned with this share?

It was previously BBP - Babcock and Brown Power, then it changed to AEJ - Alinta Energy Group, and now it has changed to AEJDA - Alinta.

When it changed from AEJ to AEJDA it's price went from $0.10 to $0.005.

I'm note sure what has happenned with this?

Can anyone shed some light?

thanks.