ADI 2.35% $3.05 apn industria reit

'REJECT the offer' - yes thats good!BUT ... "The Independent...

  1. 29 Posts.
    'REJECT the offer' - yes thats good!

    BUT ...
    "The Independent Experts preferred fair market value of each Adelphi Share is $0.61. The AEL Offer represents a discount of $0.21 (or 34.43%) to this preferred fair market value. "

    ... is rather pise weak if you ask me.

    How is this fair value when hartleys valued it at $.73 cents - 'risked' - a few week back, and i'm sure this was before the results of the last two wells. which would mean to me >$1.00 now since two more very successful wells have de-risked the project by a long way.... + another well to come any day!

    0.61 c is a long way short of fair value in my mind... but it may well be enough to temp many if AEL/AWE were to offer that...

    hold tight folks... "hold on tight to your dreams"!!!

    mE.....:D



 
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