re: Ann: AEL's Increased 42 cent offer fo...
These directors are the same useless ones that allowed AWE to get a share of the last cap raising and not allowing other shareholders the same opportunity to maintain their percentage holdings while allowing fund investors the chance to buy cheap shares. It is those cheap shares and the profit they will make now by accepting the offer that will give AWE the majority holding they are after.
Those directors have let us down. They are now on my black list for future investment decisions if they pop up in the future.
I'll still hold out for more. In a compulsory aquisition AWE must pay fair market price. That price will now depend on the price of AUT and EKA and their price will depend on the results that are going to come from the current drilling and fraccing. They will also be influenced by increased buying from ex ADIers.
Anything under $1 is robbery and corporate skulldugdery.
ADI Price at posting:
41.5¢ Sentiment: Hold Disclosure: Held