Heart breaking stuff, all that risk taken and vindicated and this is the end result.
Takeover from BPT for 16.5c, seriously thought this would be happening at something more like 60c.
Ive distributed a few today, better opportunities out there now.
Ive pretty much doubled my money, but really thought this was going to be the big one.
Have the asset, have the management, not the timing.
The value creation here is now very certain but can see that being continually eroded by more and more placements to BPT as the market refuses to pay for the potential and we need the cash to fund the development.
To be fair I always thought this was possiblility but discounted it as I thought the market would wake up to the value before this moment would arrive.
Oh well its a great time to have some cash to go shopping with. :)
ADE Price at posting:
15.0¢ Sentiment: Hold Disclosure: Held
