Any ADI shareholder thinking of getting a really high price for...

Any ADI shareholder thinking of getting a really high price for their shares is IMO dreaming or smokin' something.

AWE's offer is unconditional. They don't have to increase it or change it one bit.

Whatever the ADI BOD's says is meaningless. They could say that the offer is inadequate (which IMO it is), but so what? They can not force AWE to increase their offer or shareholders not to sell.

What about today's buying you say? Well we sure don't yet know who was buying.....

Was it AWE?

Was it the ADI directors?

Was it a third party?

All those cap raising loyal shareholders now get a huge return in only a few weeks time, funny that isn't it!!!

So once those buying over 40 cents run out of money or don't see the offer increased, then what happens?

There sure isn't going to be a white knight coming along to take out ADI as long as AWE has a huge stake.

Nope, IMO ordinary shareholders been done over by everybody:

1. The JV for not releasing timely and accurate information which has led to ADI's (and EKA and to some extent AUT's undervaluation).

2. The cap raisings - which for ADI as I have stated numerous times was ill timed, ill allocated, and ill priced. And now looks really, really bad for many reasons.

3. The major shareholder pitching a low ball offer......

So what's the end game?

Not good IMO.

I'm gone - EKA and AUT look better than this regardless of what happens - IMO the whole thing stinks.