I "dumped" on that announcement that they may not survive as an...

I "dumped" on that announcement that they may not survive as an ongoing concern.

I was waiting in the queu at 16.5 for days, then yesterday I "grabbed" some at 17c (being the seller's offering price).

But only 10% of what I dumped before.

I am not losing as I first bought big at 20c levels, traded on the way up and on the way down. But I would have done much better if I had not bought back below 40c.

I don't believe the dreams anymore of a "$1" or "$2" in front of the SP (I think few do now). In fact I would be very surprised if the SP exceeds 30c this year.

Like tone111 and some others, I think bad news is more likely than good news sooner or later. I have doubts about the demerger, let's face it a lot of the earlier excitement has vanished for various reasons.

If ADY can establish a good cash-flow exporting IO, it should survive (there are some question marks there too). Maybe even succeed at the demerger sometime (certainly not within the next couple of months).