ADE 0.00% 19.5¢ adelaide energy limited

next ann, page-8

  1. 6,257 Posts.
    thanks for that link, s1, had a listen and certainly worthwhile doing so...
    ade appears to be quite confident that latest drill which is in the process of testing should produce and add to ade production revenue...results should be known within a month...so that confirms that short term traders have left ade board that's why we have seen a slide in sp while we wait...interestingly it bounced off previous upper resistance 16c which was reassuring to observe...appears to be a few exciting developments coming up like otway project with shale gas potential, JV with BPT etc. so for me it's hold what i have left of ade...taken some profit at 19.5/20c so my holding is not in the red...
    bottomline i'll buy more if slips anywhere between 13/16c and just patiently hold whilst ade goes on with their business...:-)
    cheers, anywhichway, good to know that ade is not just a spec..fairly solid hold from here with possibly very good upside...cross fingers:-)
 
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