I dont have a problem with BPT increasing their holdings. But I do have a problem with merger with SNE.
I want to see how the numbers would play out for this and what it actually means for ADE holders.
Sp price down to around 14 cents, so market not necessarily in favour of latest news.
As for multibagging the price from recent lows, can't see it now. Smart buyers got in at 9 cents and out again for 14-15 cents for a greater than 50% profit recently.
Rexsh you seem to feel management would have sought and endorsed the SNE option with relation to ADE holder interest. Would appreciate some more perspective on this, as I don't see it that way. More a consolidation within the industry to fend off overseas interest I feel.
I will continue to hold and weigh up all the facts though.
amok
ADE Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held