ADE 0.00% 19.5¢ adelaide energy limited

Ann: Share Placement and Rights Issue , page-5

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  1. 6,257 Posts.
    ..although this CR is a surprise to me i don't really mind...all in all i think it's not bad a timing given that H continues to look like a successful drill and likely producer down the track...
    anyway...at least CR at 15c is not at an overly generous discount and rights are 1 for 4...better than 1 to 1 which may have induced the small parcel brigade more...think that 15c looks like a rather firm bottom now...
    just in case have a bid in at 14c you never know if you don't give it a go, eh?.
    else confidently holding on to what i have left of ade and probably get my rightful entitlement at 15c in due time...
    cheers, anywhichway, it ain't half bad:-)
 
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