my thoughts are that we will not get a higher revised bid. But the SP will not fall below 40c after the bid expires, come early July there will most likely be weekly updates on the progression of the field. K2 will be flowing by late July and we will have a new well flowing each month, our SP will only go north.
However if there is a revised bid at say the fair value of 61c, i think AWE might pick up the company (dirt cheap) I will be dirty knowing ADI's true potential, however ya get used to being screwed as a small time investor.
All IMO
anyone know the new creeping-acquisition laws?, page-4
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Last
$2.63 |
Change
0.010(0.38%) |
Mkt cap ! $834.4M | |||
| Open | High | Low | Value | Volume |
| $2.66 | $2.67 | $2.63 | $1.114M | 421.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 18088 | $2.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.65 | 8812 | 1 |
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