The thing tht still bugs me is Walker's buying before the offer and then selling. Doesn't seem right to me. As though he had some inside knowledge. I thought he was meant to be one of Carl's mates.
Something is wrong here.
I am holding but seems as though it may be for interests sake.
This is one undervalued stock. Trouble is we haven't got the initial capital to develop a multiple billion dollar resource..........
Unless a Major sees an opportunity...... Alas the Majors don't do not do things in haste. I feel it may be game over but I plead do not sell until December 21. Beach HATE partial control.
Always the optimist.
ADE/BPT are sitting on a HUGE resource.
And so are Blue Energy and Norwest Energy.
Today Australia were 21/9 against South Africa. They were about to inherit the all time low test scoe beating NZ's 26 against the West Indies back about 1956....or near.
They made 47. Far our. Reminds me of the Adelaide test when Australia were 3 down for 2 runs. Could have been a draw but Aussie coulnt bat out to lunch. And then the rains came.. the worst Adelaide has ever experienced.
And then I went and had a great lunch with Neil Young of ADE. A great guy. He told me they had just announced the results of Holdfast. He was over the moon. It was fizzing. An ASX notice was being posted that afternoon. They were 7 cents than.
This company is worth a lot more than 20 cents. BPT are sharks.
I am holding until 21 December.
Have a look at the Beach/ SXY /ITC saga
ADE Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held
