ADI
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2.35% $3.05 apn industria reit

I dont know the answer - AWE still hasnt had any acceptances yet...

  1. db76
    2,267 Posts.
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    17/06/10
    15:19
    Post #: 6812303
    I dont know the answer - AWE still hasnt had any acceptances yet ?

    the AWE offer expires 9/7/10

    what will the share price drop to if sharehoders dont take up the 40cps offer ?

    holding out very well so far with he help of GS by the look of the sub holder notices - maybe Obama's comments re the BP disaster will raise the less risky onshore gas price and make ADI more attractive ?

    even so if AWE quits or the bid expires the sp is unlikely to exceed 40cps - is it ?

    is there really more than 40cps intrinsic value in ADI ?
    ADI Price at posting: 41.5¢ Sentiment: None Disclosure: Not Held
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