BPT 2.06% $1.19 beach energy limited

why not take out ade now

  1. 3,069 Posts.
    ADE is trading at 11.5c. BPT paying 16.5c for 19.9%, so why not just take them out now? (16.5c deal was done when we thought we were just talking Shale - we now know it is 'unconventional basin centred gas play" with staggering potential.
 
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