''however BPT appears to be holding 7% of ADE shares so does that mean currently BPT will get 7% of possible future profits from horlick?..'''
that depends on whether those future profits will be distributed to shareholders, if thats the case then yes. But if those earnings are retained in the company, then Beach gets whatever benefit will come from the future growth.
At 7% interest in ADE, i dont think they have much say so in how those earnings are distributed.
ADE Price at posting:
17.5¢ Sentiment: None Disclosure: Held