Introducing Our Top Energy Pick of 2020: Eying Elephant Scale Potential, page-46

Great day for all holders.

Congrats to those who derisked with a nice profit. There's nothing wrong with it.

IVZ is also my biggest position. Very glad that i have added on during the darkest Corona days.

I give myself a little more time before the first profit taking
Imo it's very healthy for coming SP development, that a lot of new shareholders came on board today before PSA/FO announcements.
Some of them will want to expand their position in the next few weeks and a "sell on good news event" becomes more unlikely now.

When might be the best time for derisking/profit taking ?
I think the euphoria climax might temporarily be reached 2-3 weeks after FO announcement, hopefully somewhere between 10-15c.
After that there will be for sure a consolidation phase in which short term traders leave the party until drillings come closer.