Is there any way to confirm that the Walker Cross trade went to BPT?
I'm 99% sure it would have, as for them to sell so quickly, they would have had to agree prior to the 5 seconds into trading or whatever it was to sell it to beach, being the only legitimate blocking stake.
Anyway, I doubt that ADE can take this offer to anyone else for a sweetener, as there is no offer to ADE company wise. Its on market, call it hostile, but likely already accepted by ADE,
just waiting for the acceptance announcement. As someone has pointed out, BPT is already close to the 50% if the walker holding went to them, and if the Company agrees, that will be over the 50% mark for sure.
ADE Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held