"1 Adelphis IER states the Independent Expert assessed the low, best estimate and high values for an Adelphi ordinary share on a fully diluted controlling interest basis to be $0.22, $0.61 and $1.10 respectively. However, it also states these amounts do not represent our current fair market valuation range for Adelphi shares, but represent a range of potential values applying a set of industry accepted resource estimates. The Independent Expert concluded that its preferred market value of each Adelphi share is $0.61. Adelphi shareholders can obtain a copy of the Targets Statement and IER from www.adelphienergy.com.au"
the only thing your pasting (and mine) didn't show is that this info was in a footer in miniscule font, that you can barely read (unless its zoomed), very easy to miss. Screw AWE and they're feable attempts to reply & purchase ADI. They think we are all uneducated, stupid fools.
Smell the oil AWE, we do!!
ADI Price at posting:
42.0¢ Sentiment: Buy Disclosure: Held