You ripper $0.05 in 2017 and I am almost back to brealk even !!!!
So, what are the options:
> double down now & avoid the rush
> leave them in the bottom drawer until 2017 and beyond
> sell today & wait for the forecast 50% drop over the next 12 months then buy back in ?
Seriously, I am sure Roger is very competent and a nice bloke, but to be giving 3 year forecasts on a $50M oil speccie is drawing a long bow. I hope he undercalled it by 100% (on the upside)
My forecast is that AKK will be bought out by management in the next 6 months and refloated in 2 years at $200M + market cap.
Obviously pure spec on my part
AKK Price at posting:
2.0¢ Sentiment: None Disclosure: Held
