ADE
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0.00% 19.5¢ adelaide energy limited

20 cents a share = ipo price too low

  1. archie88
    1,651 Posts.
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    10/11/11
    13:18
    Post #: 9267711
    I remember , that 20 cents per share is equal to the initial public offer.

    So, that is nothing better than expected offer.

    That offer is destroying the ADE whole company.

    Nothing benefits to anyone, only good for BPT.

    I still remember company LNC has good offer to SXP @0.75 to takeover. - that was 3 years ago.

    SXP has initial public offer price @20 cents.

    SO, why PBT can not offer that very similar price????

    Cheers




    ADE Price at posting: 20.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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