Richie, "So would a takeover for ADE by BPT be on the...

Richie,

"So would a takeover for ADE by BPT be on the cards?"

IMO, as of todays market cap, I think it is a feasible scenario.

I have written about this in the past. Essentially, it could cost BPT very little to consolidate 218/855 by taking out ADE and possibly ICN. They could then take on a major partner which would effectively fund a large chunk of the acquisition cost.

It seems logical and a nice way to clean up everything in preparation for 2015. Keep in mind that they would then have also acquired the Shantou SinoEnergy LNG supply agreement and ADE's gas storage facilities.

Stranger things have happened Richrichie!