ADE
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0.00% 19.5¢ adelaide energy limited

beach takeover of ade, page-16

  1. aashmore
    62 Posts.
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    07/11/11
    10:46
    Post #: 9248499
    A nice and welcomed kick along to the SP. My SMSF averaged 10.1 cents so this a nice start.

    I acknowledge significant capital spending required over the next few years but my gut feel is this is very much low ball offer compared to what the ADE SP could be in 2-3 years time.

    I would appreciate the thoughts of fellow posters.
    ADE Price at posting: 14.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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