ADE 0.00% 19.5¢ adelaide energy limited

40 cents is good offer at moment, page-2

  1. 231 Posts.
    Hey Archie,

    I don't think you quite understand whats going on,

    this is a hostile takeover, on market, and there is nothing ADE can do about it if all the shareholders decide to sell, and by the numbers, almost 30% have today. I'm not even sure if the company has a blocking stake now that Walker has sold (or appears to), the previous blocking stake.

    This will likely be all wrapped up tomorrow, imo
 
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