ADI 2.35% $3.05 apn industria reit

I've read with amusement all the posts about ADI and AWE...

  1. 622 Posts.
    I've read with amusement all the posts about ADI and AWE management. I personaly agree with Ric. AWE have acted prudently. AWE saw a good opportunity in the market and reacted accordingly. Who could blame it? I believe in the EF and have put my money where my mouth is too. As most of you know I own AUT and before that ADI.

    Don't blame ADI management. Once AWE get +50% they rule the roost. This is Australia not Venezuela. ADI management have followed the fund management buying and know what happens with a revised superior offer.

    I find it hard to believe that all of you have been naive enough to participate in buying ASX shares not knowing the realility of how vicious the market works let alone the rules it operates under. For all those who were, as I was some years ago, learn from this lesson, analyse your own experience and you'll become a better investor.

    I'm a very small fish too, who makes a personal decision to participate in a market where I know I'm far from the most intelligent person in the room.

    As we have heard ab nausea, don't fall in love stock. For those of you who still believe with me in the EF story, there are other avenues where you can still participate.

 
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