Well, adieu from meSold my holding of 407,000 shares in the last...

Well, adieu from me

Sold my holding of 407,000 shares in the last two days. It is a big disappointment that AWE were able to pick up ADI so cheaply but that's the market for you...

I am sure that those who choose to hold on will eventually realise a higher value for their shares. Under different circumstances I also would have held on. However, there are plenty of bargains to be had right now in the market and you have to consider the opportunity cost of having capital tied up in an illiquid stock for possibly an extended time. I've done well out of ADI, having bought at around 12c and personally I believe I'm better off now switching the funds into some other undervalued shares that are likely to repeat that kind of performance over the next few months.

Good luck to previous and current holders. I'm sure I'll see many of you on the AUT thread going forward..

svdm