ADE 0.00% 19.5¢ adelaide energy limited

Totally on a tangent now and really of no significance other...

  1. 646 Posts.
    Totally on a tangent now and really of no significance other than I'm a little bored, but.............

    I'm a happy holder of BPT as well and rate it highly. I find it interesting though that BPT are getting press due to the fact that they are the Operator and hold 90% of 218.

    However, **at this moment in time** BPT own circa 356k acres (90% of 218 and 0% of 855) versus ADE's 122k acres (90% of 218 plus 20% of 855). Obviously this could increase significantly if BPT are successful in court but the odds of success are IMO, at best 50/50.

    Anyway, one could argue that ADE's combined relative holding versus MC is comparatively very high.
 
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