ADE 0.00% 19.5¢ adelaide energy limited

beach takeover of ade, page-41

  1. 16,307 Posts.
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    "that horse has bolted" , You what more from a flogged horse. ADE as of tomorrow will own just over 5% of the field . Hardly in a position to influence anyone. Fact is BPT will end up with around 80% of ADE by closing date , de-list and then those still holding will have no liquidity to sell but get diluted as substantial money is required to develop the field.
 
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Currently unlisted public company.

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