ADE 0.00% 19.5¢ adelaide energy limited

i cant see the big deal here, what did you want for the company...

  1. 2,656 Posts.
    i cant see the big deal here, what did you want for the company to go back to the shareholders for more coin at 10cnt cr or go to a bank and ask for 10mil with 865,000 in the bank or seek out a major player with huge market cap to come on board? I think it is a great deal and if you think 16.5cnts is cheap you might be right but in 12 months time when company sp is double that you will probably want to jump of a bridge if you panicked and got out now only my opinion. SNE do have some exciting prospects if you bothered to read up on their website and a merger would mean a small to medium company with huge potential and more prospects than current.
 
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