ADE 0.00% 19.5¢ adelaide energy limited

30 cents per share, page-9

  1. 5,348 Posts.
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    Hi Amok, I am in the mix there somewhere (top 20). The reason in invested to start with was the spread of projects and a company that was producing cash flow. The shale project was of interest of course but not the main reason I originally made an investment. Since then of course I have added to that original investment as I have seen the global shale play unfold. So you could say I am excited about the shale potential but I see some other things happening for this company too which are likely to be just as great. I guess I saw it as a way to leverage into a small cap that was perhaps more de-risked than other plays in the sector (diversification of projects, cash flows and great management etc etc). Today's news only assists in validating the play that made me increase my exposure. Hold on for the ride I say ( IMO ).
 
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