ADE
Click for more information
0.00% 19.5¢ adelaide energy limited

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

  1. thepinto
    231 Posts.
    clock Created with Sketch.
    07/11/11
    16:55
    Post #: 9251072
    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
    ADE Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
watchlist Created with Sketch. Add ADE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.