It does not matter what they bid (unless it is $1 or more). What matters is the results of the production from the existing development program. That is what will set the price with or without a bid from AWE. That is what we have all been waiting for or at least that is what the investors in ADI have and are waiting for. Traders and opportunists may have a different attitude to the bid and the daily SP.
ADI Price at posting:
41.0¢ Sentiment: Hold Disclosure: Held