reject any offer under $1, page-3

im with you nursery - $1 was my short term target for ADI some time later this year, so I'd consider liquidating "SOME" of my shares at that price. However, the capital gains tax and being forced to sell all at once is a completely unacceptable situation. If AWE increase to 60c, I'll not sell. The cashflow from 20 or 30 wells like Morgan over the next few years would have this trading on market at multiples of the AWE offer and this conservative valuation.

Definitely a huge buy now though at 41c on market. Wouldn't be surprised by a counter offer in the coming weeks.