From here they will sell DW and surplus DW landholdings to Chinese investors, sell DW leaving them only with ME.
Weiss and Co won't want to run an Aussie Company with US assets so Ardent will then be taken over by a US Private Equity or Dave and Busters.
I have sold out in this weeks run but I do think there is an exit strategy in place for Weiss and Co that will see good gains for remaining shareholders over the next 1-3 years.
I don't expect the Half Year to be particularly good, perhaps some writedowns so I might buy back in if the share price falls back to $1.70.
GLTAH
AAD Price at posting:
$1.98 Sentiment: Hold Disclosure: Not Held
