As I posted before ADE management have said this will take a little time as the have a number of assets ie gas sales contracts into SA, gas plant & storage facilities and farm-in agreements with other companies apart from BPT & ICN ie BUL but they also reinforced the message that shareholders have until the 22nd December 2011 to make the call.
I know everybody is anxious for the IER but lets get the valuation right and put the pressure back on BPT.
ADE Price at posting:
20.0¢ Sentiment: None Disclosure: Held