ADE 0.00% 19.5¢ adelaide energy limited

I agree with rexsh,Its not like ADE's management are dumb, not...

  1. 3,390 Posts.
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    I agree with rexsh,

    Its not like ADE's management are dumb, not like a proposal for a ADE-SNE merger that disadvantages ADE holders would be pushed agressively without our approval.

    If even those merger discussions even happen is another thing.

    I think what BPT has secured a good alliance or a mini-NATO or mini-ANZUS alliance, where they will look after ADE in the interests of both companies.

    Effectively if any company interested in acquiring a stake in PEL218 will need to go through BPT. That will be for a good premium which applies for BPT & ADE. eg. say if BHP wanted to takeover BPT, then flow-on effect will go to ADE as well.

    Also this alliance gives us certainty that BPT can help fund our obligations for PEL218 and ATP855, if we cannot.

    I don't see any evil deeds by BPT on ADE opposed with the evil intentions by ICN on BPT over ATP855.
 
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