See what the board recommends? In a month or 2 they'll all sacked and 3 Beach directors put in place. It will definitely get majority vote because that's now Beach and growing every day.
Why not put your shares up for sale at 20.5c like richrichie did and get out with cash now, that way you have certainty and can go shopping when the next downleg starts. Your upside from here is pretty limited, and as someone else said jumping on board the same assets via BPT would have already netted you 5-6%.
This is the highest price you're going to get for ADE shares, period. Upside was massive, but poor management of those assets and ADE being cash poor was the cause of a lack of further realisation.
ADE Price at posting:
20.0¢ Sentiment: Sell Disclosure: Held
