ADE 0.00% 19.5¢ adelaide energy limited

second offer usually follows first offer, page-14

  1. 2,071 Posts.
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    Hate to say I think they are there now @ 50%

    No doubt they will issue an announcement soon.

    this morning they stated they had 48.36% or 224,562,751 shares.

    They needed 1.64% or 7,615,445 to get to 50%, of course they need 50.1

    Looks like they have majority but not all.

    The last 50% will be a lot harder than the first 50%.

    They had 20% Mr Walker another 20% and they have picked up another 10% in three days.
 
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