niqo,I don't think anyone is missing the point. In fact most of...

niqo,

I don't think anyone is missing the point. In fact most of the regular long termers have either moved on or are keeping quiet at the moment, weighing up their investment options. Why hold hoping for upside to share price when, there are lots of other plays on the market at present time.

I agree...nothing wrong with ADE. I agree it has huge potential and my recent communications with Carl confirm my belief in this.

However, BPT has put both a floor and a ceiling on ADE at the moment, and that ceiling might extend into the next few years whether you like my comments or not.

By the way a company having options in another does not guarantee success. Many companies cancel options because they failed to make targets, and options also expire for same reasons, or are not taken up for various other factors. I think these things all need to be considered.

On the flip side, a share price may perform well and options may be considerably cheaper than the share price. Hence a win win for all. However...ADE are a long way from that.

I note Patersons have maintained a 21 cent (longer term) target with this weeks updated review of ADE.

The other thing to consider...and I am talking extreme possibilities, is that if BPT falters in any way, this will affect ADE severely. That is the problem having a major interest from one company. Not saying BPT will falter, but in these days where more unknowns seem to play out that anyone ever expected, anything is a possibility.

This is an investment play and as such remind yourself that you buy and sell to create wealth. And that is the right of every poster on the forum whether taking a short term or long term view.

amok