reject any offer under $1, page-40

"increasing my adi again as i think the other two jvp members are at their peak and adi has potential to run higher with hedge funds imho taking a stake and equally seeing the same scenario"

Any increase in the ADI price is bound to be reflected in the other partners. The other two will also get a boost as ADI holders let their shares go to AWE where they are then unavailable. Anyone wanting to keep a share of the cake will have a choice of AUT or EKA and there really aren't a lot of sellers there.

As for hedge funds, I suggest they will be more likely to choose AUT than ADI where the dominance of AWE will not be a factor. That is why I have chosen to place more of my money with AUT and EKA. Being in all three spreads the risk, a hedge against the problems that AWE can cause.